Tag: Business

  • Three-day residential event, “Pagariya JITO Business Network 360” inaugurated

    Three-day residential event, “Pagariya JITO Business Network 360” inaugurated

    “Pagariya JITO Business Network 360”

    Three-day residential event “Pagariya JITO Business Network 360”  witnessed the participation of esteemed industry leaders

    Mumbai (Maharashtra) [India], June 6: Pagariya JITO Business Network 360, a premier business networking event, inaugurated its highly successful three-day residential event in Mumbai from 2nd June to 4th June 2023. The event witnessed the participation of esteemed industry leaders, including Shri Shukhraj Nahar, Shri Abhaya Srisrimal, Shri Rajesh Chandan, Shri Prithviraj Kothari, Shri Nayan Jain, Shri Sapan Shah, Tarun Soni and many more, creating an unparalleled platform for exploring business opportunities and fostering strategic collaborations.

    With over 300 businessmen and businesswomen from across India and 24 international cities, Pagariya JITO Business Network 360 provided a unique environment for participants to explore diverse business opportunities. The event encompassed a wide range of possibilities, from business developments and referrals to vendor development, franchise and dealership ventures, distributorship expansion, business diversification, small-scale business promotion, and invaluable business mentoring.

    The event was graced by distinguished speakers such as Mr. Dharmakirti Joshi, Chief Economic Advisor at Crisil, Mr. Nilesh Shah, Managing Director at Kotak AMC, Mrs. Deena Mehta, Managing Director at Asit C Mehta, Mr. Sundararaman Ramamurthy, MD & CEO of BSE, Shri Premchand Godha, Managing Director of IPCA Laboratories, Mr. Mangalam Maloo from CNBC, Mr. Damodar Mall, CEO of Reliance Retail, Mr. Sanjay Mishra, COO India & CEO-New Business of Marico Limited, and many other notable personalities. Their valuable insights and expertise provided participants with a deeper understanding of market trends and opportunities.

    During the event, prominent companies such as Pharmeasy/Thryocare, Anjali Kitchenware, Ashoka Buildcon, Waree Group, Sugee Group, Pagariya Group, SMS Group, Ami Polymer, Neon Labs, and many others shared business opportunities collectively worth more than 2000 crores. Additionally, renowned brands, including Enamor, BGAUSS, Madame, Get A Way, Wellness, Pigeon (Modular Kitchen), Kisna Jewels, Wol 3D, and Bikanervala, provided franchising opportunities, opening doors for aspiring entrepreneurs.

    Mentorship sessions were provided by well-known industry stalwarts such as Motilal Oswal, Prithviraj Kothari ji, Amit Pathak, Jaspreet, Jimmy Shah, Nayan Bheda, Shreyas Bakshi, Harish Mehta, Yogesh Udgire, Sridhar Ramachandran, Javed Akhtar, Sachin Mahajan, Sanket Rambhiya, and Sharmila Oswal ji. These sessions equipped participants with the necessary knowledge and skills to thrive in today’s dynamic business landscape.

    The event also saw participation from the consulates of Israel, Singapore, Thailand, and Indonesia, who shared business opportunities in their respective countries, further fostering international collaboration.

    Pagariya JITO Business Network 360 emerged as a Mecca for ambitious businessmen and businesswomen seeking expansion and growth opportunities. The event provided a fertile ground for networking, knowledge sharing, and forging strategic partnerships.

    About Pagariya JITO Business Network 360:

    Pagariya JITO Business Network 360 is a premier business networking event that connects industry professionals, fosters collaborations, and facilitates business growth. The event offers a platform for entrepreneurs, executives, and professionals to explore new business opportunities, gain valuable insights from industry experts, and expand their networks.

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  • World Food Safety Day: Tikku Condiments Sets New Milestone with Over 200 Offerings, Delivering Unmatched Quality, Safety, and Affordability

    Gujarat (India), June 6:  On the occasion of Food Safety Day, Tikku Condiments has announced its significant expansion, now offering over 200 diverse products under its esteemed Tikku banner. With a steadfast commitment to quality, affordability, and safety, Tikku Condiments has emerged as the go-to destination for all Indian kitchen requirements.

    Speaking about the expansion, Karan Panchal, the Managing Director and Chief Executive Officer of Tikku Condiments, emphasized, “Our vision has always been to offer quality products at affordable prices while ensuring the utmost safety and hygiene. With the introduction of our expanded product portfolio, we are taking a giant leap towards becoming the ultimate one-stop shop for all Indian kitchen needs.”

    Since its inception, Tikku Condiments has continually strived to provide top-notch products that meet the highest quality and safety standards. As a result, the company has become synonymous with trust and reliability in the food industry through meticulous attention to detail and a relentless pursuit of excellence.

    Panchal further explained that Tikku Condiments takes pride in its stringent manufacturing processes that adhere to industry-leading safety and hygiene standards. In addition, only the finest raw materials, procured directly from trusted sources, deliver exceptional taste and uncompromising quality. By procuring raw materials in bulk, Tikku Condiments maintains superior product taste and passes on cost savings to consumers, making their products highly affordable.

    “The state-of-the-art manufacturing facility at Tikku Condiments employs both automatic and semi-automatic machines to ensure efficient processing of products. The packaging area, equipped with an airtight and moisture-controlled environment, safeguards the integrity and freshness of each product. With a dedicated research and development lab, Tikku Condiments consistently innovates and improves its offerings, always striving to provide an unmatched taste experience,” he added.

    With its unparalleled dedication to quality, affordability, safety, and hygiene, Tikku Condiments is redefining the culinary landscape, enriching Indian kitchens, and empowering households across the nation.

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  • Captivating Ayra Bansal: Unleashing her Artistry in ‘Hai Kahaan’ – A Mesmerizing Musical Tale

    Mumbai (Maharashtra) [India], June 6: Embarking on an awe-inspiring journey, Ayra Bansal, the prodigious model and actor, has left spectators spellbound with her impeccable performance in the sensational music video, ‘Hai Kahaan.’

    Ayra Bansal, the mesmerizing model and talented actor, has recently left everyone awestruck with her remarkable acting prowess in the breathtaking music video “Hai Kahaan.” This captivating production showcases Ayra’s innate ability to transcend boundaries and achieve new heights in her burgeoning career. Born in the enchanting city of Agra in November 1997, Ayra had always nurtured a deep-rooted dream of gracing the Indian entertainment world with her exceptional talents.

    After completing her BSc, Ayra fearlessly pursued her passion for modeling and acting, making the bold decision to relocate to the bustling metropolis of Bombay. Armed with unyielding determination and an unwavering spirit, she embarked on a journey to conquer the entertainment industry. Determined to prove herself in her chosen niche, Ayra toiled tirelessly, putting in countless hours of hard work and displaying unparalleled resilience.

    Today, Ayra Bansal is dominating the headlines with her scintillating performance in the music video masterpiece “Meri Bitiya and Hai Kahaan.” This emotionally charged Hindi song, sung beautifully by the talented Dev Negi, has garnered immense popularity and is captivating audiences worldwide. With each passing day, the video amasses an ever-increasing number of views and streams on the most prominent platforms, solidifying Ayra’s status as a rising star.

    One cannot help but be captivated by Ayra’s photogenic face, which has helped her secure lucrative collaborations with top-notch brands. Her undeniable charisma and magnetic presence make her a sought-after figure in the fashion and entertainment industry. Ayra’s ability to effortlessly embody various characters, coupled with her striking beauty, has catapulted her into the limelight and earned her the adoration of countless fans.

    With her enchanting allure and a burning passion for her craft, Ayra Bansal continues to elevate the standards of beauty and talent in the entertainment world. She is a force to be reckoned with, leaving an indelible mark wherever she goes. As the world eagerly anticipates her next project, it is undeniable that Ayra’s star is destined to shine even brighter in the days to come.

    To keep up with Ayra Bansal’s extraordinary journey, be sure to follow her on social media. Her captivating performances and mesmerizing presence are sure to leave you spellbound, eagerly awaiting her next artistic endeavor. Ayra Bansal (@ayraaarti) is a name that will undoubtedly continue to resonate in the realms of music, modeling, and acting, solidifying her as a true luminary in the entertainment industry.

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  • Meet the Most Lovable & Versatile Performer, Kimi Sharma

    Born to perform, the very talented and gorgeous Kimi Sharma has proved her versatility as a performer in different areas of art.

    New Delhi (India), June 6: Her soulful voice and exceptional musical abilities have garnered her a dedicated fanbase and critical acclaim. She has made a name for herself in the entertainment industry through her hard work, dedication and passion for music and acting. She has a fan following across different age groups. Above all, she is a very lovable public figure who, unlike most, connects with her fans and performs on their requests.

    Kimi Sharma is a singer, performer and actress and has beautifully undertaken all these roles in her musical albums. Talking about her albums, they were all-time chartbusters. She has done ample songs with the famous music director, Yogesh Kumar (YK series and T Series), with more charm in each album. Most of her music albums have over a million views with an audience that not only likes her but also respects her for her poised style of performance. Her chartbuster songs are Rashke Qamar, Lambi Judaai, Tere Naal Pyaar ho gaya, Deewangiyaar, and Sunlai Duawan, which she has not just sung but performed as an artist in the song, elevating the audience to great awe and bliss.

    Kimi’s style and attitude are inexplicably great, and the glamorous look that she brings in her work displays her sense of fashion. Her grip on various languages and her mastery of singing helped her in grabbing the best opportunities. She is loved by her audience for her Sufi songs. She immerses the listeners in an ecstatic mood with her mystic voice and blissful music. She has also sung and performed in Punjabi, Marwadi, Kutchi, Urdu, Pasto and many other languages across the globe. Her shows are held all across India, UAE, Canada, Singapore and many other countries.

    Kimi Sharma is not just glamorous but a very humble and grounded person. Her personality is reflected through her gentle and courteous way of approach. Her humility can be resonated through her songs, where melody seems to be her essence and her love for singing is reverberated in each of her numbers. Her dedication to her craft and her success in the entertainment industry has inspired many aspiring actors and singers in India.

    It is hard not to put her songs in repeat mode, as they are melodiously addictive and a lot soothing. She is very generous and enthusiastic with her fans, and she performs for them on request, which makes her a star beyond her stardom. Her modesty has attracted audiences besides her songs and talent. It made her a Queen of Bollywood for her singing and performing in her albums and live shows. No wonder her shows are always oversold, with continuous demands to book her for the next ones.

    Kimi Sharma is an exemplary Bollywood singer and actress who has made a significant impact on India’s entertainment industry. Her versatility, creativity, and dedication to her craft have gained her people’s love. Her work and contributions to the industry and her audience will continue to be celebrated for times to come.

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  • JB Pharma Celebrates 1 Year to Its Identity Launch, Delivers Over 22% Growth for the Fiscal

    Mr. Nikhil Chopra, CEO & Whole-Time Director, JB Pharma

    A Year of Market-Beating Growth, Superior Performance and an Optimistic Outlook towards a Promising Future

    Mumbai (Maharashtra) [India], June 6: JB Pharma, the fastest-growing company in the Indian Pharmaceutical Market, today marks the one-year anniversary of the launch of its identity. Good People for Good Health is a testament to the brand’s unwavering commitment to spreading good health globally. Crossing the milestone, the company highlights their- journey of contributions made towards Indian healthcare – of supporting healthcare providers and enriching patients’ lives globally. This is reflected in three key elements, which are – their people, products and financial results.

    Sharing his views on the occasion, Mr. Nikhil Chopra, CEO & Whole-Time Director, JB Pharma, said, “While we touch new horizons, we are rooted in our values of simplicity, reliability and agility that define us. We will continue to remain simple in our actions, reliable in our relationships and agile in our approach towards effecting changing scenarios in the healthcare industry.” A year of consistent outperformance:

    The organisation also announced their Q4FY23 financial results. The Company recorded revenue of INR 3,149 crores, registering a growth of 30%. Operating EBITDA (Earnings Before Interest Depreciation and Taxes) registered growth of 26% to INR 765 crores, and Profit after Tax was INR 410 crores, recording a growth of 6%. JB maintained its upward momentum with quarterly revenues at INR 762 crores, recording a 22% increase, closing the year in excess of INR 3000 crores, with FY23 recording a growth of 30% to INR 3149 crores.

    With a presence in 6 lakhs+ pharmacies, and 40+ regulated markets, JB Pharma takes an all-encompassing approach to healthcare. Through a wide range of products and dosage forms, it has made a mark in 20+ progressive portfolios such as pediatrics, cardiology, metabolics, respiratory, anti-infectives, gastroenterology, urology, nephrology and gynaecology. It is the fastest growing pharmaceutical company in India Pharma Market for the 2nd consecutive financial year (IQVIA MAT Mar’23).

    Robust performance in Indian business:

    The domestic formulations business clocked revenue of INR 380 crores, recording a growth of 29% for the quarter, and was at INR 1640 crores for FY23 with a growth of 38%. Rantac, Cilacar, Cilacar-T, Metrogyl, Nicardia, Azmarda and Sporlac drove up the ranks to feature among the top 300 Indian Pharmaceutical Brands. JB Pharma ranks among the top 10 players in the cardiology segment and among the top 15 by prescription.

    JB Pharma develops innovative products under big brands like Rantac OD, RD, Ranraft, Metrogyl ER, Metrogyl DG Gel, Nicardia XL, Sporlac EVA, Sporlac GG etc., to cater to a wide patient profile in respective therapeutic categories. With Sporlac, JB Pharma is the fastest-growing among the top 3 brands in the probiotics segment in India.

    Strong progress in CDMO:

    The international business performed well and grew by 16% to INR 382 crores in the quarter and 22% to INR 1509 crores for the financial year. CDMO (Contract Development & Manufacturing Organisation) business closed the year with INR 400+ crores revenue maintaining its INR 100 crores quarterly revenue run rate. CDMO, the organisation, is the 3rd largest manufacturer of herbal and medicated lozenges in the world. With 70+ products in different formats, flavours, shapes and sizes, even herbal & medicated, lozenges cater to almost 7% of the world’s total population.

    Continued focus on people:

    Building a well-rounded and forward-looking organisation, they introduced 50+ people-centric initiatives which inculcate learning & development while also maintaining a work-life balance. The organisation also launched an in-house JBCares app – a 360-degree wellness initiative to foster work-life balance and increase productivity. LEAP – An innovative and forward-looking training and excellence program to develop next-gen leadership for JB Pharma was introduced. Women’s representation at JB grew by 20.6% from 2019-20 to cultivate a supportive culture for women that promotes equality, health, well-being and trust.

    The environment at the heart of operations:

    JB Pharma’s focus on its sustainability goals has also propelled the team to significantly reduce emissions and work towards its sustainability goals for FY24. They released their maiden sustainability report FY22 last year.

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  • Ruff Kids – A Fascinating Journey So Far

    RUFF Kids is one of the largest-selling kids-wear brands in India and the Middle East. Our success story can be traced back to the 80s when we started manufacturing kids’ wear in the name of ‘DEARSONS.’

    D S Corporation takes immense pride in being the first company in the industry to recognize and satisfy the needs of the neglected segment of kids wear aged 6-18 months, 2-5 years and 6-16 years.

    Keeping pace with the market’s changing requirements, the group ventured into casual wear for boys in 1995 under the Brand name “RUFF” and has never looked back since. Today, our brand has successfully made inroads across India as well as internationally.

    All of the brand’s latest collections can be viewed on its Instagram page handle.

    Instagram ID: www.instagram.com/ruff_kids/

    Achieving success in a very short span

    Our success story is proof of our consumers’ confidence, trust and loyalty towards the excellence of the brand. As trendsetters in the kid’s segment, we constantly create and develop products that match the latest international fashion trends.

    We are the number one choice for today’s fashion and conscious kids, with stylish clothing, coordinated accessories and ever-changing designs, prints and products.

    RUFF has always nurtured a futuristic outlook by maintaining constant innovation, creation, stringent quality control measures, and a dynamic marketing approach, providing complete customer satisfaction.

    A little bit about our company

    D.S. Corporation is a partnership firm owned and managed by Patca Brothers, engaged in the manufacturing of garments for the last 30 years. A company with strong values – we stand for joy, optimism and equality – and believe in creating vibrant, colorful and playful children’s clothes that defines their style statement.

    You can visit the brand website to know more at www.ruff.in

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  • 10th H.F.F. Anniversary Festival and 1st S.P.A. Mega Annual Convention witnessed huge participation and were a grand success  

    The 10th H.F.F. Anniversary Festival and 1st S.P.A. Mega Annual Convention witnessed huge participation and were a grand success

    Mumbai / Navi Mumbai, [India], June 6: A grand social event was organised on 4th June 2023 to celebrate the 10th Decade Anniversary Celebration of Humanity First Foundation & Annual Convention of Super Power Alliance at the Auditorium of Cidco Exhibition Centre, Vashi, Navi Mumbai.

    Super Power Alliance (S.P.A) – A Business Referral Networking Organisation, organised a  Mega Annual Convention to promote the concept of Social Entrepreneurship.

    Humanity First Foundation (H.F.F) – A Social Welfare Organisation, organised the 10th H.F.F. Anniversary Festival to highlight the journey of its ten glorious years of Social Work.

    The S.P.A. Mega Annual Convention began with a business introduction of visiting card exchange by professionals, followed by entertaining performances. Business video presentations of all members were displayed on LED screens to promote businesses. A special value addition seminar on 6 Secrets of Business Success was also conducted. Mr Anant Potdar – General Manager of Bombay Stock Exchange, and Mr. Sharmil Modi – Business Head of Care Health Insurance Ltd, graced the S.P.A Annual Convention as Special Guest.

    The 10th H.F.F. Anniversary Festival celebration was organised on the theme of Nationalism and Social Welfare. The event showcased group dance performances, singing performances, magic shows, acting performances and fashion shows to promote social welfare messages to society. All the ground-level social workers of the organisation were also felicitated with HFF Social Awards.

    H.F.F. Excellence Award was awarded to Dr. Pradeep Deshmukh, Mr. Ranjit Kapoor, Mr. Ram Bangad, Mr. Lal Goel, Mr. Rushabh Turakhia, Ms. Seema Khandale, Mr. K.M. Phillip, Ms. Geeta Poduval, Mr. Suresh Kakde, Mr. Mangesh Naik, Mr. Basavraj Gove and many more for their remarkable contribution towards society.

    Many famous Bollywood personalities like Actor Vijay Patkar, Actor Ketan Karande, Senior Actor Jehangir Karkaria, Actress Jayanti Bhatia, Choreographer Sandip Soparrkar, Writer Imteyaz Hussein and many more graced the event.

    More than two thousand audiences witnessed both social value-based events, making it an entertainment-packed and grand success.

    For more details, kindly visit the website: www.superpoweralliance.com

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  • Meet Jai Arora, the Tech Guru Simplifying Technology for Millions

    Meet Jai Arora, the Tech Guru Simplifying Technology for Millions

    From Solving Neighbors’ Gadget Issues to Becoming a YouTube Sensation, Jai Arora’s Journey of Success

    New Delhi (India), June 6: Jai Arora, popularly known as Tech-iela, has emerged as a leading tech influencer with an impressive following of over 3.5 million across various social media platforms. With a unique ability to simplify complex technologies and gadgets, Jai has captivated audiences with his entertaining and informative videos.

    Jai’s passion for technology began at a young age, as he was frequently sought after by his neighbors to troubleshoot their gadgets. Each challenge served as an opportunity for Jai to expand his knowledge and skills, further fueling his enthusiasm for the field.

    While pursuing his computer science engineering degree at CGC Landran in Chandigarh, Jai found himself drawn to practical applications rather than the traditional curriculum. This led him to explore content creation, specifically through the medium of YouTube, to satiate his desire to experiment with various gadgets and share his expertise with others.

    Starting with humble beginnings and an audience primarily consisting of family and friends, Jai’s journey as a content creator was not without its challenges. Despite initially struggling to gain traction, he remained undeterred, consistently uploading videos and continuously improving his content with each endeavor.

    After completing his graduation, Jai worked in a multinational company. However, he soon realized that his true passion lay in content creation. Taking a leap of faith, he left his job to focus on his growing YouTube channel, hoping it would pave the way to his dream career.

    Jai firmly believes that the realm of content creation thrives on experimentation and embracing new ideas. This mindset has propelled him to try innovative approaches, keeping his audience engaged and entertained. His dedication to providing valuable tech-related information in an enjoyable manner has garnered him immense popularity and a loyal fanbase.

    In addition to his exceptional online presence, Jai Arora has achieved noteworthy milestones in his career.

    He secured the first position in India in the prestigious 91 Mobiles Geek God challenge of 2021, showcasing his deep understanding of technology. Moreover, Jai’s remarkable social media growth set records when he amassed over 100,000 followers in just one day on Instagram, a testament to his broad appeal and influence.

    Recognizing his entrepreneurial spirit, Jai Arora was honored as a rising entrepreneur and invited to participate in a panel discussion at the Tech and Innovation Summit 2023 organized by Entrepreneur India in Bangalore. This acknowledgment further solidified his position as a key influencer in the technology space.

    “I am a content creator who loves delving into the depths of technology. With a combined follower base of over 3.5 million, I am on a mission to transform mundane tech into something interesting and enjoyable for my audience,” says Jai Arora.

    Jai Arora’s journey from a tech-savvy introvert to a renowned tech influencer is an inspiration to aspiring content creators and technology enthusiasts alike. With his ability to educate and entertain simultaneously, Jai continues to pave the way for the future of tech education, bridging the gap between complex concepts and everyday consumers.

    Follow him on Instagram

    https://instagram.com/tech_iela?igshid=MzRlODBiNWFlZA==

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  • Entrepreneur Chandrakant Salunkhe urges Maharashtra to Establish a dedicated SME department

    Entrepreneur Chandrakant Salunkhe urges Maharashtra to Establish a dedicated SME department

    Mumbai (Maharashtra) [India], June 6:  Noted Entrepreneur and President of the Maharashtra Industry Development Association and SME Chamber of India has asked for creating a dedicated department for Small and Medium Enterprises (SMEs) in the Maharashtra government.

    Maharashtra is home to over 32 lakh SMEs operating in various sectors, such as manufacturing, services, and allied industries. These SMEs form the backbone of the state’s economy with their efforts and account for the lion’s share in job creation. Mr Salunkhe has been pressing for a separate department exclusively for SMEs to provide them with the support to facilitate their growth.

    “The focus of the government seems to be on large enterprises. SMEs play a critical role in economic growth. Setting up a separate SME department would acknowledge the role of SMEs. It would ensure the implementation of dedicated schemes and policies to empower SMEs, address the challenges and grievances they face, improve the ease of doing business, ensure a level playing field, and help them become globally competitive. It will be a proactive step that will unleash the untapped potential of SMEs and further drive the state’s economic growth,” Mr Salunkhe said, adding that many other states have already set up separate ministries, secretariats and Commissionerate to support SMEs.

    He has appealed to the Maharashtra chief minister, industries minister, chief secretary and principal secretary of industries to take immediate action to establish a dedicated SME department.

    While the government of Maharashtra has made notable efforts to encourage entrepreneurs, there remains an evident disparity between the support provided and the challenges they face. Even basic amenities like infrastructure, roads, water supply, and electricity continue to elude many SMEs.

    Despite the division initiated in the Ministry of Industries and Development Commissionerate of Industries, he believes a separate department is essential to provide focused attention and support for the growth and revival of SMEs.

    A separate department with a dedicated secretary is vital to bridge this gap and effectively promote their growth. It will also lead to greater coordination with other ministries and departments to facilitate better quality services and infrastructure development and address issues related to skilled manpower shortage, water and power shortage in major industrial belts, etc.

    Mr Salunkhe has a further request for the appointment of Joint CEOs within the Maharashtra Industrial Development Corporation (MIDC) to expedite critical matters concerning the SME sector, allocate industrial land, revive dormant units, and attract more investments and foreign direct investment (FDI) to enhance industrial activities for the benefit of local SMEs in terms of supply chain and procurement.

    He has also proposed the setting up of a cordial committee between police and office bearers of trade and industry bodies to establish harmonious relations between businesses, industries, retail establishments and commercial enterprises across the state. The committee would review and address issues related to law & order and ensure the prevention of harassment companies face. He believes that this will improve confidence in the system and foster an environment conducive to entrepreneurial success.

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  • KLM Axiva Finvest Records Impressive Profit in Last Financial Year

    Throughout the year, KLM Axiva Finvest experienced a surge in deposits, reaching an impressive 1314 crores

    The company achieved a remarkable profit of 24.63 crores, reflecting a substantial increase of 42 per cent in profit before tax payments. This significant growth can be attributed to the success of our microfinance and gold loan divisions.

    Kochi (Kerala) [India], June 6: KLM Axiva Finvest, a renowned financial services firm, is pleased to announce its exceptional financial performance for the last fiscal year. The company achieved a remarkable profit of 24.63 crores, reflecting a substantial increase of 42 per cent in profit before tax payments. This significant growth can be attributed to the success of our microfinance and gold loan divisions. Furthermore, the firm received a substantial interest income of 275.40 crores, marking a remarkable 53% increase compared to the previous year. The total handling assets of the company surged to 1719 crores, a testament to our commitment to sustained growth.

    Throughout the year, KLM Axiva Finvest experienced a surge in deposits, reaching an impressive 1314 crores, while the total loans disbursed amounted to 1445 crores. To reinforce our financial stability and provide flexibility for future investments, we secured funds from the latest Non-Convertible Debenture (NCD), backed by gold. This strategic financial maneuver has solidified our position and empowered us to seize strategic growth opportunities. The non-current assets of the company constitute a modest 1.84 per cent of the total assets, emphasizing our commitment to long-term stability and steady growth.

    Addressing the company’s growth trajectory, Manoj Ravi, CEO of KLM Axiva Finvest, stated, “We are delighted with the remarkable growth we have achieved in the past year. Expanding our operations into North India by establishing approximately three hundred new branches has allowed us to extend our gold mortgage loan services to a broader customer base. This strategic expansion exemplifies our unwavering commitment to reaching new horizons and serving our customers better.”

    KLM Axiva Finvest has embraced its social responsibility as one of the oldest financial institutions and remains steadfast in supporting the social and economic development of Kerala for the past 24 years. Built on a foundation of trust, expertise, and exceptional service, we have fostered enduring relationships with our patrons. Our commitment to maximum security and superior returns on assets has garnered unparalleled loyalty. Today, we proudly serve more than one lakh satisfied customers and counting.

    Founded in the year 2000 with a small capital and a dedicated team of five, KLM Group emerged as a result of the visionary aspirations of two entrepreneurs seeking to tap into the untapped NBFC sector in Kerala. Over the years, driven by the desire to grow and with unwavering customer support, KLM has created a legacy of excellence and success.

    Staying true to our values of innovation, excellence, and outperforming our contemporaries, KLM Axiva Finvest remains youthful, vibrant, and adaptable to the ever-changing economy. We are committed to empowering individuals and enabling them to realize their dreams through smart and innovative investments. Our core values of integrity, credibility, fairness, impartiality, openness, and transparency underpin our commitment to excel in client servicing.

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