Tag: Business

New Delhi (India), January 11: BSE & NSE listed Rama Steel Tubes Limited (RSTL), one of the leading manufacturers of Steel Pipes & Tubes and G.I. Pipes in India, is setting up a manufacturing facility of ~20,000 MT pa at its step-down subsidiary RST Industries Limited (RSTIL) in Nigeria, West Africa.

RSTIL has already commenced the expansion exercise for setting up the proposed facility in Nigeria; the expansion is expected to be completed in two tranches and will be fully operational by August 2022, and expects to operate at full capacity by Q3 of FY23. This additional capacity mainly aims to expand our current repertoire of SKUs to include Roofing Sheets. The total capital outlay for this expansion will be INR ~200 MN and will be funded through a mix of internal accruals and partially through debt.

Recently, as per bulk deal data available on BSE, Quant Mutual Fund had picked up 100000 shares on 30th December 2021, and Mauritius based Saints Capital Funds picked up 120000 shares on 31st December 2021.

Commenting on the announcement, Mr. Richi Bansal, Executive Director of Rama Steel Tubes Limited, said, “It gives us immense pleasure to announce that we are expanding and setting up a facility to meet the high demand of the Roofing sheets in Nigeria. We always had the vision to become one of the leading companies in building material products and solutions. This milestone is one of the few business strategic pipeline of plans. We have a firm hold and presence in the region of western Africa for the past five years. This capacity of 20,000 MTPA will add significantly to our subsidiary’s top line. We are also happy to state that we have a strongly growing order book for these new SKUs and expect it to grow further. This also takes us one step ahead in our competition and further elevates our performance benchmark to the next level.

We humbly would like to express our gratitude to all our stakeholders for always encompassing confidence in RSTL.”

January 11: A woman with immense talents, high expertise, and brilliant leadership skills, powered by unmatched experience, here we are, sharing with you the life journey of Latika.

She is a qualified expert in Risk Management and Banking Operations, having held Leadership positions in leading BFSI organizations like CITICORP, ICICI Bank, and the Public Authority for Social Insurance (Ministry of Finance – Sultanate of Oman).

At heart, however, Latika is an Eduprenuer with grand visions for enhancing the scope of Tech Education and making it accessible and affordable for children from all sections of society.

After a successful professional career of over 28 years, she chose to invest in DIYA Robotics, aiming to provide cutting-edge training in the futuristic fields of Robotics and AI to school and college students and corporate executives.

How did she choose to transform herself from a successful corporate employee to a leading Eduprenuer of 2022?

We know success is intoxicating and, after long years in powerful positions in a high-profile industry, it is very hard to give up all these privileged and take the plunge as an Edupreneur. What was that one trigger that convinced LatikaRangaraj and made her what she is today- a successful and much admired Edupreneur?

The story behind the switch from Employee to Eduprenuer:

After completing more than two decades in the global corporate industry, Latika realised that there were immense opportunities in the new emerging and vibrant India to realise her long-cherished dream to branch out on her own and give back to society by sharing her rich knowledge and experience with the children and youth of our country.

Latika has been an immensely powerful mentor throughout her career, and many of her mentored juniors have made great strides in their lives and careers. Latika has conducted over 5000 Workshops and training sessions on Soft Skills for students at ICT Engineering College, BharatiyaVidyapeeth, and KPS Group of Institutions, amongst many other Foundations. Here, she has pursued her passion to enhance the future-readiness of school and college children by upskilling them, a hands-on way with the latest in technological developments that will enable them to be better prepared for meeting the demanding requirements of the future world.

Her father and father-in-law, who hail from humble backgrounds but grew to be highly respected powerhouses in their respective fields of work, have been her inspiration and supporters. Latika has honoured this legacy and been rightly recognised by peers and seniors in the Tech Education industry by way of awards like “Women Eduprenuer of 2020” and the “Humanitarian Awardee 2020”, to name just a few. These recognitions as a leading light of women entrepreneurship and leadership non-pareil are a tribute to the way she has successfully led DIYA Robotics as its COO, paving the way for DIYA itself to be a recipient of:-

Best Technology Solution Award

Most promising Tech Education Institute

Excellence in Robotics Education

Excellence in Futuristic Education

Best International Future-Tech Education Franchise opportunity

Most Promising Business for Women

Best International Future-Tech Education Franchise Opportunity

Alongside all these accolades, Latika has been instrumental in forging corporate partnerships with the likes of Intel Corporation for their campus to corporate technology programs.

Final say:

In her own words, “I would rather be humble and deliver what I promise than over-claim and fail to meet the high expectations of my business partners, clients, customers, and children.”

Undoubtedly, an honest and truthful entrepreneur who never fails to call herself a beginner is what makes Latika a symbol of successful leadership!

January 11: IndianShelf, one of India’s leading online platforms that specialises in home décor products, presents its latest set of handmade, handpainted Kashmiri knobs. The limited edition of exquisite Kashmiri furniture knobs reiterates the company’s commitment to creating home décor products by reinventing, redesigning & reviving the rich handicraft & handloom legacy of India.

The limited-edition range of Kashmiri wooden door knobs are handmade, beautiful and durable. It’s a stunning range of which can enhance the look of any ordinary-looking door or cabinet. Each knob is individually hand-painted with a lot of detailing by artisans of Kashmir; hence each piece is very unique.

Each door knob has gone through exquisite workmanship by craftsmen, yet the company has done its bit to price it economically so that more & more people can have this piece of art at their homes. These knobs are perfect for traditional or casual cabinetry and furniture, adding a dash of colour. Kashmir’s beautiful craftsmanship can be seen in these knobs that make it unique.

“At Indianshelf, our aim is to promote Indian craft and, with the right design intervention, make it accessible to people. Our limited edition, handpainted Kashmiri furniture knobs is an effort to support craftsmen of Kashmir and also create a unique product that patrons of good living can appreciate. We have received a great response for this range, and we will bring more collections from other regions in the times to come. This will be an ongoing process,” says Mr Kshitij Gupta, Indianshelf.

Knobs and handle work as a holder to pull or push the doors and cabinets. Knobs are round-shaped lump or balls alike features, unlike handles that are elongated in design and shape, placed at the end of the surface of an object. They transform the house into a beautiful décor, complementing the kitchen, bathrooms or living rooms. From classic vintage styles to modern contemporary designs, knobs and handles can be found in beautifully crafted handmade designs.

About IndianShelf

IndianShelf is an online platform for home décor products that are made from traditional techniques, skills and hand-based processes. It ensures that the roots of all its products lie in traditional Indian Arts. The company links over 5,000 craft based rural producers to modern urban markets, thereby creating a base for skilled, sustainable rural employment and preserving India’s traditional handicrafts in the process.

Indianshelf aims at connecting buyers directly to the craftsmen so that they can work together in a very economical and effective way. Indianshelf promotes green products; our products are natural, craft based, contemporary, and affordable.

For more information, please visit www.indianshelf.com

Jabalpur (Madhya Pradesh) [India], January 11: MBG Card, India’s leading company assisting small businesses and professionals with digital transformation, has teamed with Partoo, a Paris-based Google My Business official partner, to deliver Presence Management and Google growth services to its Indian business partners.

The partnership, according to MBG Card, will help partnered businesses to get new customers and reach new geographies for getting stupendous business growth.

The Jabalpur-headquartered MBG card, which stands for ‘My Business Growth Card’ was founded by Abhinavv Dubeyy and Prakash Bajantri when they realised the potential of moving businesses online during the coronavirus pandemic in 2020. The startup aimed at helping small businesses to increase their online presence through its B2B SaaS product—replacing traditional visiting cards with smart digital business cards.

“We are excited to partner with Partoo, which is the official Google My Business partner to provide Presence Management and Google Growth Service to our partner businesses. Our USP is to provide overall digital transformation under one roof at a fraction of cost compared to other substitute solutions,” said Abhinavv Dubeyy, CEO, MBG Card, who has more than 10 years of experience in marketing and building tech startups.

MBG Card has the client base in over 250 cities across India in more than 300 business categories. The company is offering services in website and mobile development, Google Presence  Management, Search Engine Optimisation (SEO), marketing software and lead generation automation.

Prakash Bajantri, co-founder, MBG Card, said, “Company is looking at presently growing its presence across geography and building unbeatable automated marketing solution for businesses. We have worked in over 300+ business categories by helping them get new customers and reach massive audiences.”

http://www.mbgcard.in/

January 11: Sugar consumption has been a major source of concern for all of us, as it contributes to a variety of health issues. Maharashtra-based Paawak Foods has created a distinct brand of jaggery products that are both healthier and more delicious than sugar.

Paawak Foods is perhaps the fastest-growing company that aims to bolster its natural jaggery brand. The company is revolutionizing the jaggery market with the help of innovative small jaggery cube products and with their proprietary Paawak (P) technology, which it uses to make its innovative and convenient products.

Sweet dangers of sugar vs Jaggery’s health benefits

When it comes to health, sugar has a mixed reputation. Sugar is found naturally in all carbohydrates-containing foods, and it’s OK to consume them. However, processed sugar is detrimental to your health and fitness. Jaggery, which is India’s natural sweetener made from sugarcane, is healthier than sugar and adds a better flavor to your sweet dishes. In fact, Ayurvedic practitioners regard jaggery as healthy sugar due to its multiple benefits. The delicious risks of sugar would make you look for a healthy substitute, and Paawak Foods’ jaggery products are a natural alternative.

How Paawak Foods was born

Paawak Foods was co-founded in 2014 by Kaushal Dongre, of Maharashtra. Jaggery has traditionally been thought of as a commodity product. Hence, Kaushal realized after meeting his mentor Dr Prabodh Halde that it was critical to innovate and create unique products to build a brand in jaggery.

Before 2014, jaggery as a food product was sold in an open package in lumps without any proper packaging. Since it was sold loosely, the chances of it being adulterated were high and were prone to dust and fungus. The major concern for Kaushal remained when he found out jaggery was chemically infused.

After conducting a detailed consumer survey as advised by his mentor, Kaushal realized the inconvenient size of a jaggery block and unhygienic packing were major reasons why consumers were hesitant to utilize jaggery as their preferred natural sweetener daily. To address these concerns, Paawak Foods produced jaggery powder and, for the first time in the country, introduced innovative small jaggery cubes, which are more convenient to use than a block of jaggery and healthier than sugar. Paawak tried to resolve major three pain areas of consumers concerning Jaggery and gave unique solutions in its own way. This Paawak used its visionary approach to introduce chemical-free jaggery with proper packaging, addressing all consumer concerns, making it a consumer-first brand for Jaggery.

Connect with academia and Research Institute: For Faster innovation

From the inception, the Paawak team came in contact with AFST team – Food scientists team, NIFTEM, CFTRI, IIFT Tanjaur, IIT Bombay and ICT team and connected many scientists Viz h Dr Uday Annapure, Mr M.M Chitale, Dr Nilesh Amritkar, Mr Umesh Kamble, Mr Nilesh Lele, Mr Sanjay Indani, Dr S. Jathar and Ms Subha Prada gave technical inputs to overcome hurdles. The founder understood the importance of science in business and true innovation. Their first patent was applied for small cube jaggery in the year 2014, which was the birth year of Paawak. Today he has a total 2 patents published and one design application.

Empowering farmers for strengthening rural economy 

A primary aim behind Paawak Foods’s establishment was to empower farmers. Paawak believes in making India self-dependent and seeks to support farmers’ income.

Over the last 7 years, Paawak Foods has transformed the lives of farmers by providing them with good prices of their products and also made a big impact on the lives of 150 small manufacturers of the Karad and Kolhapur region by providing them with their innovative P technology along with the required training.

Consumer first 

Traditional Jaggery comes with lots of problems for the consumer on account of purity, handling, harmful chemicals and unhygienic packing, Paawak has innovated consumer-friendly products to offer Natural, Consumer-Friendly, Hygienically packed, Chemical free and kitchen friendly products based on consumer insights. Paawak has launched all products based on scientific consumer insights study. In fact, small cubes jaggery is based on consumer insights and preferences conducted by Paawak with 100 consumers to understand difficulties in eating existing Jaggery.

Maintaining proper Supply Chain

Paawak created a perfect distribution solution for product distributors and retailers to provide fresh jaggery to consumers. With proprietary P technology, Paawak supplies fresh jaggery to their distributors so that no product stocking is done in advance, giving the distributor the advantage to control their stock and supply requirement. This supply of fresh jaggery is maintained consistently even during non-seasonal months post-march.

Paawak Products

Jaggery Cubes: Paawak Foods is the first in the country to provide jaggery in an innovative cube form that is hygienically packed in PET jars. The product is created and manufactured with a high level of hygiene to ensure that clients always receive a high-quality product that is free of adulteration, contaminants, and hazardous chemicals.

Jaggery Powder: Paawak Foods produces this natural product from organically produced sugarcane using specific HomaAgnihotra therapy. Customers at Paawak Foods have a particular fondness for this powder. The company promotes Jaggery Powder as a healthy alternative to refined sugar for daily use.

What is Paawak (P) technology?

Jaggery is a seasonal product with a limited shelf life; hence finding fresh jaggery during the offseason is a challenge. Through P technology, Paawak Foods has devised a unique solution to this problem. This includes the use of advanced food processing techniques without using any chemicals.

Paawak Foods is seeking final approval for the patent of the P technology, which uses technology to provide consistent supply and quality to customers all year. The company has also used this innovation to create its jaggery cubes and powder that have eliminated the limited shelf life problem of jaggery.

Paawak Foods’ USP

Paawak Foods says that anyone looking for a healthful natural sweetener is its ideal customer. Hence one of the many USPs of Paawak is that its products are created with only natural materials and meet all GMP requirements. Paawak’s semi-automated plant employs a filtration procedure to ensure that no impurities enter its jaggery cubes.

Paawak Foods continues to witness remarkable growth

Paawak Foods is already present in quality General trade retail outlets in Mumbai, Aurangabad, Nagpur, Pune, and Hubli. In the Mumbai region, the manufacturer of premium quality jaggery goods also has an online presence on major e-commerce like Bigbasket, Amazon and Jiomart.

Paawak Foods has never looked back since it was founded. Paawak’s has grown over approximately 5400 per cent from the time of inception and continues to grow strongly with their year on year projections.

With this growth came dozens of brands in the space of branded jaggery, but Paawak stood as the market leader, being ahead of time and with their scientifically-backed approach.

The CEO of Paawak Foods, Kaushal Dongre believes in Make in India and Atmanirbhar Bharat campaigns, and he wishes to contribute to the development of the country and its citizens. Paawak Foods aims to become a multinational brand, and it seems to happen soon in the future as the firm not only has the first-mover advantage but is also equipped with innovative P technology. website: www.paawakfoods.com

January 11: According to DR. SAHIL KADARI, CEO/CMD/Founder of Block Beats Company, blockchain represents the future of the next generation and one of the best investment prospects of our time. He is still investigating the applications and development potential of blockchain technology. He has also received several honours, including the Nelson Mandela Award, Indian Iconic Business Award, and Indian Glory Award, to mention a few.

He also has the distinction of being India’s youngest PhD in Blockchain technology. He established Block Beats.

BITICA Digital Crypto Currency Smart Staking Pool Now Launching World Wide

DATE -13/01/2022

INDIA

DUBAI

BANGLADESH

NEPAL

SRILANKA

U.S.A

U.K

CANADA

SINGAPORE

Block Beats Company Now Launching BITICA BlockChain World Wide On 14th January 2022, which is registered in Estonia, the first jurisdiction to legalise cryptocurrency. Numerous coins and tokens have been established since then. As a BDCC coin replacement, these are commonly referred to as bitcoins.

In contrast to centralised electronic money/central banking systems, BDCC and its derivatives employ decentralised control. The decentralized control is associated with the usage of bitcoin’s blockchain transaction database as a distributed. Dr. Sahil, the inventor of Block Beats, believes in financial freedom and economic independence, which can only be obtained with the BDCC coin. And it is in this manner that he assists his clients in making wise financial decisions.

BiticaDigital Cryptocurrency is based on BITICA blockchain technology and is controlled by Block Beats, an Estonian company (the first country to legalise Cryptocurrency). Numerous coins and tokens have been established since then. As a BDCC coin replacement, these are commonly referred to as bitcoins.

In contrast to centralised electronic money/central banking systems, BDCC and its derivatives employ decentralised control. Decentralized control is associated with the usage of bitcoin’s blockchain transaction database as a distributed. Bitica believes in financial freedom and economic independence, both of which are made possible by the BDCC currency.

Block Beats provides banks with payment solutions that are simple to use and configure. Everything is included, from an AI-created portfolio to automated payments. Block Beats help to increase the token’s value.

Block Beats also features advantageous laws, such as untraceable transactions, anti-hacking capabilities, three levels of encryption, and automated payments. Because the data is stored in a decentralised way, one should feel at ease. It’s encrypted data with blockchain protection and lightning-fast computation.

Blockchain technology is a game-changer that will have a big impact on every sector. Block Beats can help you make educated judgments and invest in cryptocurrencies now that you understand the significance of blockchain technology.

Website:

www.bdccstaking.io

The Hanker Media, a digital marketing and advertising start-up based in Ahmedabad, Gujarat

Ahmedabad (Gujarat) [India], January 11: The Hanker Media, one of the most promising start-ups of 2020 in the marketing domain, is expanding its services to become the one-stop destination for all the marketing needs of the companies. The Hanker Media believes that digital marketing is one domain that rapidly changes its form and constituents, which demands strong content to entertain, engage, and evolve. Being its strong forte, they provide a range of services, including digital marketing, content marketing, branding, and advertising, web development, creative visualization, marketing consulting, and a lot more that include fulfilling all the marketing and branding requirements of the clients.

The Hanker Media was established in May 2020 and is based in Ahmedabad, Gujarat. The company has evolved as a 360-degree digital marketing and branding agency, offering a dynamic blend of digital media, branding, and technology.

The agency constitutes a workforce of more than 20 experts of the domain, who are capable of creating intelligent and trending virtual content that leaves an immersive online experience. The agency caters to all the specific needs of the clients and provides them with result-oriented and ROI-derived services.

The experts of The Hanker Media have been highly efficient in creating a successful blend of marketing science with strategic thinking and executing them effectively. Being consistent towards maintaining this quality in all the services provided has boosted their growth which has multiplied by ten times ever since its inception.

The Hanker Media team has successfully created a collaborative and creative workspace headed by the founder duo, Haresh Patel and Ronak Mehta. Both the founders are qualified experts in fronts, including technological, digital, advertising, branding, and creative conceptualization. The model office space creates a free working environment that builds a resolute team on both personal and professional terms.

From the words of the co-founders Ronak Mehta & Haresh Patel, “We believe in in-depth, ROI oriented analysis in every service we deliver, that powers us to craft best fitting and profitable strategies to clients. We provide Turn-Key or end-to-end solutions to our clients, so they can effortlessly implement that to gain a vital time advantage. We would prefer and love to hear about the company and their requirements from the client themselves as it leaves us with adequate details on the table. We will be good to start with planning and enhancing strategies right after a few meetings and analyzing the current digital presence of the client.

The tasks associated with the project are divided among the respective teams after enough brainstorming sessions, followed by the designing and strategizing activities. The quality of the project is measured against maximum industry standards by the team leads personally, to ensure a lasting and productive solution for the client”.

The agency has been so far successful in managing the projects of more than 100+ clients across the verticals of all the aforementioned services provided. The company is capable of attaining and penetrating a huge growth potential and a growing market with great scope to expand.

To know more, visit – https://thehankermedia.com/

The budding IT entrepreneur aims at encouraging cybersecurity and data privacy amidst organizations around the world

 Bardoli (Gujarat) [India], January 11: Piyush Mistry, an emerging IT entrepreneur from Bardoli, Gujarat, provides cybersecurity and data privacy solutions to organizations around the world with Pintu Pro. The IT venture was founded to make non-technical entrepreneurs aware of the importance of cybersecurity and allow tech-savvy businesses to leverage their IT infrastructure.

Piyush Mistry, the founder and CEO of Pintu Pro started the venture after obtaining his undergraduate degree in Computer Application from Veer Narmad South Gujarat University and pursuing his master’s degree from Lovely Professional University in Vadodara. Owing to his intention to enter the world of IT entrepreneurship and spread awareness about cybersecurity, Piyush decided to start his own venture despite having the option to choose a high-paying job. Coming from a modest family, this was a tough decision to make. However, his passion, market acumen, and street-smart knowledge helped him earn the title of a successful Ethical Hacker. Since then, his uphill journey led Piyush to launch Pintu Pro.

Since the inception of Pintu Pro more than seven years ago, Piyush and his team have been providing a range of cybersecurity solutions under a single umbrella. The company comprises dedicated professionals like Cybersecurity Experts, Web Developers, Ethical Hackers, Identity and Access Experts, and more. Since the company’s launch, Piyush and his team have been successful in providing services to businesses operating in multiple countries, including Canada, Germany, the USA, Australia, Russia, the UK, New Zealand, and more. At the moment, Pintu Pro caters to more than 550 clients around the world.

With more and more businesses switching to digitized platforms, Piyush Mistry believes that cybersecurity is going to get increasingly relevant in the years to come. He says, “Legacy data and hardware platforms are no longer relevant in the age of digitization. The ongoing struggle with a global pandemic has made us realize the importance of software platforms and process automation.  As businesses start storing their data on public clouds and other shared digital data warehouses, the need for cybersecurity is only going to increase. Through Pintu Pro, we are willing to help organizations around the world make a smooth switch to digital platforms and keep their valuable data secure from a plethora of cyber threats.”

With the intention of carving his niche in the world of business, Piyush is currently looking forward to two of his upcoming projects – Cyberiology, one-stop cybersecurity and privacy solution, and Gujarat’s First, a digital news and media portal. “One should never stop dreaming. The only way to stay ahead of the curve is to make sure you strive and work hard enough to manifest your dreams,” he says.

New Delhi (India), January 11: BSE listed, ( 542753)Seacoast Shipping Services Ltd, a leading company providing single window logistics services to exporters and importers, has informed BSE that it is in talks for a joint venture.

Due to the Containers Shortage Global crisis, Break-Bulk Shipments Orders has drastically increased Globally. Recently, the Joint Venture process initiated by Invade Agro Group, Sub Saharan Africa based group. Invade Agro Group is in discussions with Seacoast Shipping for Break-Bulk Cargo for Fertilizers Export from India & Import of Pulses to India. Exclusively usage of Mundra Port is being looked at as Logistics Hub for shipments above 12,000 Metric Tons.

The company had recently announced an excellent Q2FY22 that ended September 2021. The company has reported revenue of Rs 7201.05 Lakhs compared toRs. 6056.45 Lakhs in the previous quarter ended June 30, 2021. Net profit surged to Rs. 587.90 Lakhs for the quarter ended September 30, 2021, as against Rs. 309.98 Lakhs in the Q1FY21.  The earnings per share shot up to Rs.1.75 from Rs. 0.92 in the Previous Quarter

The company has blue-chip clientele, including Adani Aditya Birla, Welspun, JMC Projects, etc. Looking to the Overall growth of the Company, the management is confident of achieving a similar growth in the coming quarter in FY2021-22.

Seacoast is amongst the top three freight forwarders handling Agri export commodities exports in containers from Mundra port. It offers complete logistics solutions under one roof and also offers International Ship Operations of Modern Dry Bulk Vessels. Every year it carries around 5.0 million mt of bulk /and unitised cargo across the oceans. As a specialist in spot business, SeaCoast focuses fully on dry bulk logistics and Container Freight Forwarding along with Inland Road Logistics.

The company offers TOTAL MULTIMODAL LOGISTICS through seam-less services from the transportation of cargo to export. It offers a one-stop solution for the oceanic transport of dry bulk cargoes worldwide. With a worldwide shortage of Containers, Sea Coast would get higher realisation whereby it would be benefitted substantially. The main role is ensuring the safe and efficient Marine transportation of commodities. Ship Chartering Charter Vessel on Time or Period for movement of cargo Worldwide, Coastal Trade, Freight Forwarding End-to-End Service Provider for Container movement, Warehousing and Transportation of FMCG product. Providing end-to-end service in FMCG products, for example, Liquid, Salt, Ceramic etc., within India, Mining and Transportation.

Surat (Gujarat) [India], January 11: Zoomroo, an electric vehicle brand of the Surat-based Zoomroo Electric, launched the electric three-wheelers for different use categories such as garbage disposal, freight loaders, and passenger auto on January 5.

After four- and two-wheelers, India is aiming to convert a large portion of the 6 million three-wheelers on the road to electric by 2030, as part of its ambitious goal of converting 30% of all vehicles on the road to electric. Going electric helps three-wheelers save money on their operating costs, from freight loaders to waste disposal vans.

Zoom Motor offers a line of electric 3W vehicles that meet the demand for last-mile mobility, recognising the substantial growth possibilities in the last-mile mobility industry. The electric 3W vehicles are built using cutting-edge technology and provide outstanding consumer value.

Jenish Shah, founder of Zoomroo and independent director of Regency Fincrop Limited, said, “India is rapidly adopting electric mobility. Our brand ‘Zoomroo’ is based on lead-acid and lithium-ion technology and one of the best electric 3W, connecting mobility platforms in transforming last-mile mobility and helping our customers rise and achieve their dreams.”

In a comparison of the diesel and CNG 3W vehicles with the Zoomroo 3W electric vehicles, Shah stated that the diesel and CNG vehicles’ annual fuel costs are approximately Rs 1,06,800 and Rs 65,000, respectively, for 100 km covered every day, whereas the 3W electric vehicle’s annual cost is approximately Rs 10,500.

Zoomroo Electric, founded by Jenish Shah and co-founded Vishal Abrol, director of Vani Fincom Limited.

Vani Fincom Limited is the financing partner of Zoomroo Electric. The company has announced up to 30% of the relief in the down payment to purchase Zoomroo electric 3W vehicles.

The demand for seamless and sustainable point-to-point passengers and connections has expanded as a result of rapid urbanisation. Modern 3W EVs’ technical advantage will undoubtedly aid in the proper planning of delivery routes and fleet maintenance, all while being ecologically sustainable and cost-effective. The 3W electric vehicles are not only the future of last-mile mobility, but they are the future.

Vishal Abrol, co-founder Zoomroo and director of Vani Fincom Limited, said, “Our mission is to help the nation reduce the carbon footprint and transportation cost of the users by providing affordable and zero-emission vehicles technology solutions. Our mission is to reach out to 25,000 such users pan India by the end of 2025.”