Tag: Business

New Delhi [India], February 20: In a sector where rapid scale has often come at the expense of sustainability, Medikabazaar’s recent turnaround marks a notable shift towards profitability and disciplined growth. Following a period of operational reset and under the leadership of its Group CEO Dinesh Lodha, the company has articulated a credible ambition: to build a billion-dollar enterprise over the next five years, backed by improving fundamentals and renewed investor confidence.

The timing aligns with a broader upswing in India’s healthcare sector. The industry is entering a strong capital expenditure cycle, with more than $10 billion in investments projected over the coming years, expected to add nearly 40,000 hospital beds nationwide. Existing hospitals are expanding capacity and upgrading infrastructure to serve an underpenetrated and largely unorganised healthcare market. With its scale and established presence, Medikabazaar is positioning itself to play a meaningful role in this transformation of India’s healthcare supply chain.

Commenting on the growing interest from manufacturers, Group CEO Mr. Dinesh Lodha said, “The growing interest from OEMs to partner with Medikabazaar reflects the strength of our technology-powered platform and our deep understanding of healthcare supply chains. We are building an ecosystem that enables digital transformation while establishing Medikabazaar as a trusted, long-term partner for both manufacturers and healthcare providers.”

Over the past year, the company has undertaken a decisive reset, scaling to revenues of over Rs. 2,000 crore while achieving operating breakeven. This shift has been anchored in a renewed focus on strengthening its supply ecosystem and accelerating its digital business, now positioned as a core growth engine. Medikabazaar’s digital marketplace recorded 100% year-on-year growth, supported by improved platform capabilities, deeper supplier integration, and a sharper focus on customer experience.

Alongside its digital momentum, the company has entered into more than 40 exclusive partnerships with leading manufacturers and OEMs. These tie-ups have reinforced Medikabazaar’s position as a procurement partner for hospitals, diagnostic centres, and healthcare providers across the country. The partnerships have helped improve supply reliability, ensure consistent product quality, and deliver greater pricing stability—important differentiators in a sector where trust and continuity are critical.

A key marker of the turnaround has been the company’s return to financial health. Medikabazaar has reported profitable EBITDA, reflecting tighter cost controls, improved unit economics, and more disciplined capital allocation. This focus on financial rigour has stabilised operations and strengthened confidence among investors, partners, and customers.

To support its ambition of reaching billion-dollar scale, Medikabazaar is currently in discussions to raise $50 million in fresh capital, with $25 million already committed by existing investors. The proposed fundraise is expected to finance the next phase of growth, including accelerated digital innovation, deeper category leadership, enhanced technology capabilities, and wider reach across India’s healthcare ecosystem.

The company’s renewed momentum is also underpinned by a leadership team that has emphasised accountability, governance, and execution. legacy challenges, the company says, are firmly in the past. With a profitable core business, a rapidly scaling digital platform, exclusive supply partnerships, committed investors, and a leadership team aligned around a clear long-term vision, Medikabazaar is once again positioning itself as a significant force in India’s healthcare supply chain.

New Delhi [India], February 19: TM Perfume House, a growing Indian fragrance brand under Fourpirates Ventures LLP, has announced its expansion into the personal care segment. Known for its premium perfumes and fragrance innovations, the company is now introducing a new range of shower gels, beard balms, attars, solid perfumes, and aromatic soaps.

The expansion marks a strategic move by TM Perfume House to become a complete fragrance and grooming solutions brand, offering customers long-lasting scent experiences across daily personal care routines.

The newly launched product line focuses on high-quality fragrance blends, skin-friendly formulations, and modern grooming needs. The shower gels and soaps are designed for refreshing and long-lasting freshness, while the beard balms provide nourishment and styling along with signature fragrances. The attars and solid perfumes offer alcohol-free and travel-friendly fragrance options for customers who prefer traditional and convenient scent formats.

“Our vision has always been to go beyond perfumes and build a complete fragrance lifestyle brand,” said Harsh Patel Co-Founder of TMPerfumehouse. “With this expansion into personal care and grooming products, we aim to bring premium fragrance experiences into everyday use for our customers.”

The new product range will be available through the company’s official Websites, The brand also plans to strengthen its presence through online platforms and retail expansion in the coming months.

Key Financial Highlights

Key Financial Highlights Q3 FY26

*Total Income of ₹ 97.36 Cr, QoQ growth of 17.03%

*EBITDA of ₹ 9.04 Cr, QoQ growth of 22.40%

* EBITDA Margin of 9.29%, QoQ growth of 41 BPS

* Net Profit of ₹ 3.50 Cr, QoQ growth of 25.18%

* Net Profit Margin of of 3.59%, QoQ growth of 23 BPS

* EPS of ₹ 2.25, QoQ growth of 27.84%

Key Financial Highlights 9M FY26

* Total Income of ₹ 245.02 Cr, YoY growth of 7.29%

* EBITDA of ₹ 23.40 Cr, YoY growth of 2.19%

* EBITDA Margin of 9.55%

* Net Profit of ₹ 8.42 Cr, YoY growth of 23.55%

* Net Profit Margin of of 3.44%, YoY growth of 45 BPS

* EPS of ₹ 5.43 , YoY growth of 23.69%

Commenting on the Financial performance Mr. Rajesh Mehra Managing Director, of Active Clothing Co Limited said, “We delivered a steady and resilient performance during Q3 FY26, despite a relatively softer demand environment, driven by disciplined execution, strong customer relationships, and the strength of our integrated design-to-shelf business model. Our consistent operational focus enabled us to deliver healthy growth in revenue and profitability during the quarter.

Performance for the first nine months of FY26 has been particularly encouraging, with strong growth in PAT reflecting improved operating leverage and sustained demand from global brand partners. This reinforces the robustness of our business fundamentals and our ability to scale profitably.

Looking ahead, the proposed investment to establish India’s first Smart Knitting Factory marks a significant strategic milestone for the Company. This initiative will enhance automation, precision manufacturing, and sustainability, positioning Active Clothing for the next phase of growth while aligning with evolving global apparel requirements. We remain confident about our long-term growth trajectory.”

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• Located at Food Hills, Mumbai-Nashik Highway, Near Igatpuri
• Has a 360kW star charge power unit with two dynamic load balancing dispensers

Vadodara (Gujarat) [India], February 20: Swedish luxury car brand, Volvo Car India and ChargeZone®, India’s largest EV charging network, today inaugurated an ultra-fast charging station on the Mumbai-Nashik Highway that features a 360kW star charge power unit with two dynamic load balancing dispensers. This station is located at Food Hills, Mumbai-Nashik Highway, Near Igatpuri. This marks a significant milestone in their collaboration to build a premium nationwide supercharging network.

This intelligent configuration enables optimal power distribution, reduced waiting times and faster real-world charging experience for Volvo customers and other EV users. Strategically positioned on one of Maharashtra’s busiest intercity routes, the charging station offers dedicated bays for Volvo EVs, seamless app-based access for navigation and payments, and an elevated customer experience designed for convenience and reliability.

Jyoti Malhotra, MD, Volvo Car India, spoke during the ribbon cutting ceremony organized at the charging station today, “As a legacy brand, Volvo Cars is committed to driving the transition towards sustainable mobility, and this partnership with ChargeZone® is a testament to that vision. Together, we are ensuring that our customers not only enjoy the luxury and performance of Volvo EVs but also have access to a dependable and hassle-free charging infrastructure. The new 360kW station on the Mumbai-Nashik highway is the first step in delivering a world-class charging experience across India.”

Present at the event and speaking on the occasion, Mr. Kartikey Hariyani, Founder & CEO, ChargeZone®, said, “The launch of our first co-branded 360 kW ultra-fast charging station with Volvo Car India represents an important milestone in building a premium, future ready charging network for the country. The Mumbai Nashik hub showcases our focus on high speed, technology enabled infrastructure supported by intelligent features such as dynamic power loading that significantly improve the customer experience. As EV adoption accelerates, our priority is to ensure that long-distance travel becomes fast, predictable and seamless. We look forward to supporting India’s shift toward a cleaner and more sustainable mobility landscape.”

This installation follows the Memorandum of Understanding signed in 2025 between ChargeZone® and Volvo Car India to expand access to high-speed EV charging across key national corridors, and the plan is to get a few more charging stations added in 2026. The partnership reflects a shared commitment to improving long distance EV travel, strengthening charging availability, and advancing India’s transition to sustainable mobility, while encouraging the adoption of luxury and performance EVs across the country.

About ChargeZone®

ChargeZone® is India’s largest EV charging network and among the few global players with fully integrated tech and engineering capabilities to build and scale high-speed charging networks for electric cars, buses, and trucks. Headquartered in Vadodara, Gujarat, the company specializes in high-speed, smart-grid-enabled charging infrastructure across enterprise and retail segments. With over 13,500 charging points at 1,200+ locations in India and the UAE, ChargeZone® is on a mission to establish one million charging points, driving India’s EV revolution through scalable, interoperable, and sustainable infrastructure.

About Volvo Car India

Swedish luxury car Company Volvo established its presence in India in 2007 and has since then, worked intensively to market the Swedish brand in the country. Volvo Cars currently markets products through 23 showrooms and 25 workshops in Ahmedabad, Bengaluru, Chandigarh, Chennai, Coimbatore, Delhi NCR – South Delhi, West Delhi, Gurgaon, Hyderabad, Indore, Raipur, Jaipur, Kochi, Kozhikode, Kolkata, Lucknow, Ludhiana, Mumbai – West Mumbai & South Mumbai, Pune, Raipur, Madurai, Surat, Vishakhapatnam and Vijayawada.

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Faridabad (Haryana) [India], February 20: Behind every destination wedding in India lies a moment that feels small, almost ordinary. It often starts quietly, long before the décor boards and guest lists. Today, destinationweddingsindia.com is transforming that very first step — helping families begin their venue search in a structured, transparent, and organised way.

A family sat around a table. Phone calls from relatives. The dates under discussion, the budgets estimated roughly, and some excitement with fear. Between tradition and aspiration, there is always one question that recurs: where should the wedding be?

Indian Weddings are sentimental, personal, and cultural. To the majority of families, they are a once-in-a-lifetime event with expectation, remembrance, and responsibility. Yet, despite its scale and importance, the process of the wedding location is incoherent, fragmented, and still largely offline.

Word of mouth, a few planners, or fellow agents usually dictate the few safe hotels and destinations to families. Conversations repeat. Options feel limited. And the sense of uncertainty grows, are we even seeing all the possibilities?

This disparity between the significance of weddings and the inefficiency of venue discovery organisation is the core issue in the Indian wedding business.

A Deeply Rooted Industry Challenge

Over time, the process of wedding planning in India has followed the same pattern as the travel industry did: relationship-based, non- transparent, and brokered by a small community of middlemen. The individuals that the families have to rely on the most are the planners or agents, and they are likely to suggest venues that they know well or do business with on a regular basis.

Although these well-known hotels have a regular level of exposure and price power, numerous other equally competent hotels, resorts, boutique hotels, palaces, and heritage properties have been left behind. These hotels might be wedding-ready in all respects, but fail to access demand merely because they are not in the traditional planner circuit.

This translates to fewer options, recurring suggestions, and poor transparency to couples and families. To the hotel, it is a lost opportunity and a crooked playing field.

This disproportion was particularly evident during the first COVID-19 lockdown.

With the background of luxury event planning and hospitality, the team of the destination wedding in India was in a rare standstill. As everything was at a standstill and travel was limited, they got time to step back and look at the ecosystem that they had been working in.

The notable point was not only the disruption posed by the pandemic, but also a greater realisation: wedding venue finding in India was not digitised, discoverable, or fair. There was not a single organised platform on which families were able to search freely, and no neutral platform on which hotels could display themselves without gatekeeping.

To a great extent, weddings are what travel was like more than ten years ago,  before online platforms changed how people planned trips.

The Birth of Destination Weddings India

It is on this basis that Destination Weddings India (destinationweddingsindia.com) was established in 2021 as a technology-driven venue finding and booking application with a specialisation in Indian weddings.

Rather than using the databases or listings solely, the team opted to go ground-up. They started touring the country and visiting numerous hotels, rubbing shoulders with the staff, looking around at the properties, checking capacities, guest traffic, and what actually constitutes a wedding-ready venue in India.

This took them through established wedding destinations and new ones, through luxury resorts, palace hotels, heritage properties, and boutique venues that had the infrastructure but not the visibility.

The purpose was evident: eliminating the concept of gatekeeping in venue discovery and broadening the options among families that organise weddings.

This initiative eventually resulted in the procurement of over 700 wedding-ready hotels and venues in 33 destinations in India. Every property onboarded was not only considered in terms of its beauty, but also in terms of its capability to hold actual weddings, logistically, operationally, and experientially.

From Exploration to Structured Access

Today, this extensive on-ground research is consolidated into one structured digital ecosystem through destinationweddingsindia.com.

To wedding families, the site makes the aspect of venue selection, which is usually the most stressful in the whole planning process, easy. Instead of depending on limited referrals or personal connections, families will be able to locate numerous vetted destinations, budgets, and guest capacities all within a single location.

The experience is aimed at providing clarity. Families are able to compare, assess and shortlist venues that truly meet their vision, whether they are planning a small destination wedding or a large multi-day party.

In the case of hotels, particularly those not in the conventional planner ecosystem, DWI offers a packaged entry to actual wedding demand. Insider connections are no longer the only property consideration. Rather, they can be found by families that are actively seeking out venues, making the marketplace more justified and clear.

By playing on each side of the ecosystem, Destination Weddings India plays a mediator, bringing together wedding-ready hotels and couples and families in a manner that is well organised, fair, and execution ready.

The strategy has seen the platform steadily grow to assist over 2,000 wedding families monthly.

A Clear Focus on Venue Discovery and Booking

Although the Indian wedding ecosystem opens numerous opportunities, Destination Weddings India has chosen a strategic move and consciously decided to specialise in a single service: finding and booking a venue.

This is what the platform is all about: more curation and better hotel relationships, as well as faster and more transparent decision-making by families. DWI does not attempt to resolve all the issues of wedding planning simultaneously, but focuses on getting the basics straight.

The growth story of the platform is based on a definite problem-solution pattern.

The problem

• Wedding venue discovery remains largely offline and biased
• Families see the same venues repeated across planners and agents
• Capable hotels struggle for visibility without network access

The solution

• A digital-first platform dedicated to wedding venues
• Access to 700+ wedding-ready hotels across India
• Broader choice, better transparency, and more equitable pricing

By addressing the structural inefficiencies and not the cosmetic gaps, Destination Weddings India will establish itself not only as a booking platform but also as a provider of long-term change in the industry.

Looking Ahead: The Future of Indian Weddings

Indian weddings are evolving. There is also a trend where couples are choosing to have destination celebrations, experience-based planning, and customised venues that narrate their story.

Guest lists are becoming edited, and the families are seeking transparency, trust, and informed decision-making.

This is a dynamic environment that is necessitating sites like DestinationWeddingsIndia.com.

Having a growing portfolio of hotels, a steady stream of wedding families, and a strong focus on venue discovery, Destination Weddings India is shaping how Indian couples and families explore and book wedding venues, which brings clarity, reach, and equilibrium to an industry traditionally working in closed circles.

About Destination Weddings India

Founded in 2021 and headquartered in Faridabad, Destination Weddings India is an Indian wedding venue discovery and booking platform accessible through destinationweddingsindia.com, where Indian wedding families are matched with wedding-ready hotels, resorts, palaces, and heritage venues across the country.

With a network exceeding 700 onboard venues and serving over 2,000 wedding families per month, destinationweddingsindia.com delivers a structured, technology-driven approach to wedding venue discovery in India, bringing transparency, wider choice, and organised access to the wedding ecosystem.

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Jaipur (Rajasthan) [India], February 20: As Indian travellers increasingly move beyond checklist sightseeing of Europe, the focus is steadily shifting from hurried sightseeing to journeys that offer depth, comfort and time to explore. Reflecting this change in travel preferences, Thrillophilia has announced the launch of its 2026 Europe multi-day travel portfolio, signalling a clear move away from fast-paced, multi-country trips toward slower, more immersive and highly personalised journeys.

Based on its 2025 travel data, the company observed a 38% increase in travellers’ preference for slower pacing and fewer destinations. The trend signals a broader shift toward depth over coverage. In response, the company has restructured its itineraries to minimise excessive city transitions, insert buffer time and prioritise longer stays within single regions.

To turn these behavioural shifts into actual trip experiences, Thrillophilia has launched itineraries designed for specific traveller segments. This includes a 7-night Swiss Alps holiday plan with a relaxed pace that has resonated strongly with families from tier 2 cities like Jaipur, Lucknow, Ahmedabad, Bhubaneswar and Indore. This follows a 14% shift towards covering fewer destinations at a relaxed pace and a 19% rise in travellers choosing comfort-first holidays.

Similarly, a relaxed Tuscany countryside circuit has been curated for couples from cities like Mumbai, Pune, Bengaluru, Chennai, Delhi, Gurugram and Hyderabad. This comes in response to a 42% increase in demand for cultural and local experiences, while interest in trips focused only on famous landmarks has fallen by 14%.

Catering to these trends, the new lineup reflects a broader change in how Indian travellers now approach Europe – not as a continent to be “covered” in one trip, but as regions to be explored in depth over time. The itineraries move away from crowded capital cities and tight schedules, focusing instead on small towns, countryside stays, scenic mountain routes, regional rail journeys and local cultural experiences.

Designed for the New Europe Traveller

Thrillophilia’s 2026 Europe portfolio is built around a simple insight: Indian travellers today care as much about “how a trip feels” as “where it goes”. Booking data reflects this shift clearly.

Across segments, there has been a 35% move toward itineraries covering 2 to 3 cities, with built-in buffer days and more relaxed pacing. Though the shift is nationwide, Indian Tier 1 metros can specifically observe this trend. Young professionals from Bengaluru, Mumbai, Pune, Chennai, Hyderabad and Delhi NCR are planning quick international getaways to escape demanding work schedules. Travellers are now choosing Europe trips that allow breathing room rather than replicating the rush they are trying to leave behind.

Aligning with this traveller demand, the company introduced 6-day “micro-escape Europe” itineraries designed for shorter holidays. This includes Paris with Swiss scenic train journeys, which have seen strong interest from travellers in Gurugram, Noida and Bengaluru. The demand reflects a 43% increase in weekend-style travel and a 51% rise in people taking multiple short trips in a year.

Similarly, Vienna–Budapest cultural weekend trips are gaining popularity among young working professionals from Hyderabad and Chennai, driven by a 47% increase in interest in nightlife experiences.

What’s notable is that this preference is no longer limited to large metros. Tier 2 cities such as Jaipur, Kochi, Ahmedabad, Lucknow, Indore and Chandigarh are showing similar behaviour, driven by a rising Gen Z workforce and greater exposure to international travel. The focus across markets is shifting toward comfort, flow and depth over aggressive coverage.

Interestingly, travellers from Ahmedabad, Surat and Vadodara are increasingly choosing multi-generational holidays. This trend aligns with a 21% rise in demand for customised itineraries and a 16% increase in advance planning.

In response, Thrillophilia has introduced comfort-first Europe itineraries with private transfers and longer stays in cities across Switzerland and Northern Italy, making travel easier for families of all age groups.

Thus, catering to the traveller demands, Thrillophilia’s new itineraries prioritise fewer hotel changes, realistic daily pacing and more meaningful time spent within each region. Instead of hopping between five or six cities, travellers can now opt for experiences such as:

• Alpine village stays in Switzerland, along with mountain rail journeys and lakeside walks
• Countryside itineraries across Tuscany, Provence and French wine regions
• Slow rail journeys through Austria and Central Europe
• Regional Italy trips centred on food, local markets and historic towns
• Nature-led Europe routes featuring scenic drives, cable cars and gentle day hikes

Data suggests that group travellers, especially friend groups travelling from Mumbai, Delhi and Kolkata, are choosing lively and social Central Europe routes covering Prague, Vienna and Budapest. This trend reflects a 58% rise in adventure-focused trips and a 47% increase in demand for experience-driven nightlife itineraries among young travellers.

Aligning with this trend, each itinerary by the company is fully customisable. It allows travellers to adjust pace, hotel category, transport options and experiences depending on who they are travelling with.

Local Experiences, Not Just Landmarks

A defining feature of the 2026 lineup is its focus on local flavour and offbeat experiences rather than landmark-heavy sightseeing alone. Alongside iconic attractions, travellers can choose from experiences such as:

• Visits to family-run vineyards and farm stays
• Regional food trails and hands-on cooking sessions
• Small-town walking tours and cultural evenings
• Lake cruises, mountain excursions and panoramic rail routes
• Buffer days that are built in to avoid fatigue and rushed schedules

For honeymooners from Delhi, Bengaluru, Chennai and Hyderabad, the company has introduced thoughtfully planned itineraries with relaxed schedules, flexible activity days and scenic travel time. These trips reflect recent travel trends, with a 38% rise in demand for mid-premium stays and a 34% increase in travellers looking for flexible plans that also allow them to work remotely.

By design, these itineraries avoid peak-hour sightseeing and overcrowded circuits, offering a calmer and more immersive way to experience Europe.

Stronger Rail and On-Ground Partnerships

To support these trips at scale without compromising on quality, Thrillophilia has expanded its on-ground network across Europe. The company has partnered with hundreds of regional suppliers, boutique hotels, transport providers and experience operators.

Recent booking insights show:

• 18% growth in Switzerland rail journeys among luxury travellers
• 24% rise in Gen Z multi-country Europe trips, led by young professionals from Chennai, Bangalore, Mumbai, Hyderabad and Gurugram.

Rail connectivity now plays a central role in both premium alpine itineraries and culture-driven city circuits.

A key highlight of the 2026 programme is deeper integration with European rail networks through partnerships, including Rail Europe and Switzerland Tourism. These tie-ups enable access to scenic train routes, improved seat availability and more competitive pricing across countries.

Thrillophilia has also strengthened collaborations with European tourism boards and attraction partners, bringing curated experiences and preferential pricing that are often unavailable in standard package tours.

Technology-Enabled, Human-Led Customisation

What sets the 2026 Europe trips apart is how they are designed and executed. Thrillophilia uses AI-assisted systems to generate and evaluate thousands of itinerary combinations, factoring in travel time, rail schedules, hotel logistics and travel fatigue. These itineraries are then refined by human destination specialists who focus on comfort, pacing and on-ground reliability.

This hybrid model allows Thrillophilia to offer highly customised Europe trips at scale while maintaining consistency and on-ground support. Such a balance has historically been difficult to achieve, yet Thrillophilia is transforming the scene with its new Europe travel model. The approach uses technology to manage the complexity of multi-layered travel operations, while human teams ensure the trip flows smoothly in real-world conditions.

According to company data, trips designed using this feasibility-first approach see fewer mid-trip changes and higher satisfaction levels, particularly among families, repeat travellers and premium leisure segments.

A Different Europe Offering for 2026

With this launch, Thrillophilia is positioning its European portfolio not as a mere set of fixed packages but rather as a more thoughtful way to explore the continent, precisely aligned with how Indian travellers are evolving.

“These trips are built for travellers who want to slow down, explore deeper and come back feeling rested rather than exhausted,” the company said. “Europe doesn’t need to be rushed to be memorable.”

The 2026 Europe portfolio is now live on Thrillophilia’s platform, with fully customisable itineraries across Switzerland, Italy, France, Austria, Central Europe, and select Nordic and Alpine regions, supported by end-to-end on-ground execution.

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Cosmic PV Power Ltd. Ropes in Shreyas Iyer as Global Brand Face

Surat (Gujarat) [India], February 20: Cosmic PV Power Ltd., one of India’s fastest-growing solar module manufacturing companies, proudly announces the appointment of cricketer Shreyas Iyer as its Global Brand Ambassador. This strategic association marks a significant milestone in Cosmic Solar’s journey toward becoming a leading voice in the global renewable energy landscape.

With a state-of-the-art 3 GW manufacturing facility in Gujarat, Cosmic PV Power Ltd. stands at the forefront of India’s clean energy transition, delivering world-class solar modules powered by advanced automation and AI-driven technology. The collaboration with Shreyas Iyer — known for his reliability, energy, and forward-thinking spirit — reflects the company’s philosophy of performance, consistency, and innovation.

Speaking on the association, Mr. Jenish Ghael, Chairman of Cosmic PV Power Ltd., said: “Shreyas embodies the spirit of ambition, consistency, and integrity — qualities that resonate deeply with our brand. At Cosmic PV, we believe in driving India’s energy transition with world-class technology and homegrown innovation. With Shreyas as our Global Brand Ambassador, we are confident of taking our vision of sustainable growth and self-reliant energy to global horizons.

Mr. Shravan Gupta, Managing Director, Cosmic PV Power Ltd., said: “Shreyas Iyer represents everything Cosmic stands for — youthful energy, resilience, and a commitment to excellence. As we expand our footprint across global markets, his presence will strengthen our brand identity and inspire the next generation to embrace solar as the power of the future.”

Expressing his enthusiasm, Shreyas Iyer said: “I’m excited to join hands with Cosmic PV Power, a brand that is powering a greener and more sustainable tomorrow. The company’s vision to make India self-reliant in solar energy truly resonates with me.”

This partnership will be at the heart of Cosmic PV Power’s upcoming brand campaign, which celebrates innovation, sustainability, and India’s growing contribution to the global solar revolution.

About Cosmic PV Power Ltd.
Cosmic PV Power Ltd. is a Gujarat-based integrated energy company with an advanced 3 GW solar module manufacturing facility powered by AI-enabled automation and cutting-edge technology. Expanding beyond modules, the company is launching its upcoming Solar Cell Manufacturing Line and Battery Energy Storage System (BESS) Line, strengthening its position as a complete clean energy solutions provider—from cells and modules to intelligent storage systems. With a clear vision to make sustainable energy accessible, reliable, and affordable, Cosmic continues to power homes, businesses, and industries across India and beyond.

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New Delhi [India], February 20: The journey of Travel News Services and TNSI Retail is moving with clear direction. 8 new outlets opened across key travel and education hubs in January 2026 and locations included airports in Vadodara, Udaipur, Kochi and Chennai. More stores launched in universities at Sonipat and Sohna plus stations of Delhi Metro. Each opening followed planned execution and clear market study.

Managing Director Atul Jain is guiding this expansion with a structured approach. The plan focuses on balance between growth and profit rather than fast expansion alone. The company is not chasing numbers blindly. Instead it studies demand, location strength, and customer flow before entering a market. This disciplined model helps reduce risk and keeps operations steady. The leadership believes long term success comes from stable stores, not just many stores.

The company operates with specialised formats designed for different needs. Globiq serves quick travel essentials for passengers on the move. Teddy N Tales focuses on toys and gifts that attract families and impulse buyers. Authentic India offers traditional souvenirs inspired by Indian craft heritage. These formats allow the business to serve multiple customer types while maintaining a clear identity for each store concept.

The organisation runs a network of more than 150 outlets including over 50 self owned stores and more than 100 partner run locations. Each outlet works like an independent business unit with targets for sales and cost control. Inventory is monitored closely and product mix is adjusted based on customer demand and this system ensures every store contributes to revenue and profit. The method shows that strong systems can matter more than large numbers in retail success.

The next milestone is crossing 100 self owned stores by financial year 2026 to 2027. Several sites are already in final stages of setup with investment plans and timelines prepared. The expansion strategy is based on data, location study, and operational readiness. This shows a long term vision rather than short term rush. With a steady plan and clear targets, the company aims to strengthen its position in India’s travel retail market while building a profitable and future ready network.

You can visit Atul Jain’s LinkedIn post through this link: Atul Jain

Mumbai (Maharashtra) [India], February 19: Raveum, a platform enabling cross-border investment in premium U.S. real estate, today announced the successful closure of its seed funding round, raising $1.3 million at a post-money valuation of $22.8 million.

The round reflects investor confidence in Raveum’s compliance-led, technology-enabled approach to structured global real estate investing and supports the company’s next phase of expansion.

Founded to formalize and simplify U.S. property participation for international investors, Raveum provides access to curated, income-generating U.S. real estate opportunities through multiple ownership structures, including GP participation, LP investments, and direct ownership pathways. The platform is designed to serve investors across India, the UAE, Saudi Arabia, Singapore, and other international markets within a clearly defined regulatory framework.

A Structured Approach to Cross-Border Real Estate Investment

Cross-border real estate participation has historically been constrained by regulatory complexity, fragmented documentation processes, and limited institutional access. Raveum’s model integrates compliance infrastructure, underwriting discipline, and technology to facilitate authorized participation in U.S. multifamily and commercial real estate assets.

For Indian investors, the platform operates in alignment with FEMA guidelines and the Reserve Bank of India’s Liberalised Remittance Scheme (LRS), alongside applicable U.S. securities regulations. This structure enables cross-border allocation through compliant and transparent channels.

“This milestone reflects the strength of our governance framework and long-term strategy,” said Kabir Israni, CEO of Raveum. “We structured this round around strategic alignment with partners who value regulatory discipline, investor protection, and durable platform development. Our focus remains on building institutional-grade access to U.S. real estate for global investors.”

Scaling Infrastructure and Institutional Partnerships

The newly raised capital will be directed toward enhancing Raveum’s proprietary investment and compliance systems, expanding structured access to premium U.S. real estate assets, and strengthening regulatory and operational infrastructure across its core markets. The company also plans to broaden its international presence, scale investor onboarding and reporting capabilities, and expand teams across technology, compliance, and investor relations.

Since launch, Raveum has facilitated participation from retail and professional investors across multiple jurisdictions while deepening partnerships with U.S. based operators, legal advisors, and financial institutions to reinforce underwriting standards, governance controls, and risk management processes.

Meeting Growing Demand for U.S. Real Estate Exposure

As global investors increasingly seek diversification and dollar-denominated exposure through U.S. real estate, demand for structured and regulation-aligned cross-border access continues to expand. Raveum positions itself as a disciplined gateway to premium U.S. real estate opportunities, offering multiple participation models tailored to varying capital strategies.

The company’s long-term objective is to build a trusted platform for international investors seeking transparent, compliant access to institutional-grade U.S. assets across ownership structures.

About Raveum

Raveum is a platform enabling cross-border investment in premium U.S. real estate through compliant and structured participation models, including GP, LP, and direct ownership pathways. Operating across India, the UAE, Saudi Arabia, Singapore, and the United States, the company focuses on income-generating assets, regulatory alignment, disciplined underwriting, and long-term investor protection.

For more information, visit: www.raveum.com

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