Tag: press-release

New Delhi [India], September 16:  Indian tech product ODM iDO Devices Private Limited has successfully secured $4 million (approximately Rs 34 crore) in a funding round spearheaded by Blume Ventures and Merak Ventures.

This investment aims to bolster iDO Devices’ mission to establish a comprehensive, integrated design and product delivery ecosystem, alongside an innovation center in India. This strategic move is tailored to serve global consumer electronics and enterprise tech clients across the US, Europe, and India. iDO Devices specializes in developing products equipped with BLE and Wi-Fi capabilities, and is planning to incorporate GPS and GSM in future projects.

“What we are trying to create at iDO is a set of capabilities ranging from chipset design through hardware layout, firmware, and systems software, which, along with investment and control of critical component technologies, will position iDO as a Global leader in tech product design across technology segments. We are executing on BLE and Wi-Fi and expect to deepen these technologies by designing our own SoCs as we build vertical product volumes in these technologies,” commented Shalabh Srivastava, Founder and CEO of iDO Devices, who leads the company’s vision and strategic growth.

“We are happy to have support from Blume and Merak, who lead investments in companies like Pixxel and Bellatrix, in our vision of contributing to and creating India’s product ODM layer. We believe product leadership is the next frontier in India, and the timing for what we are endeavoring couldn’t be more portentous,” stated Ashita Gupta, Founder and Chief Business Officer of iDO Devices.

“This investment will boost our efforts in customer acquisition, invest aggressively in technology development and IP creation, and aid in expanding our geographical reach. Traditionally recognised as a leading IT services country, India is now shifting its focus toward becoming a significant player in the design and fulfilment of technologically advanced products. Amid global developments and supportive policy frameworks in India, iDO has gained a head start with a team of more than 100 tech experts located in India and China, complemented by an extensive partner network globally. We appreciate Blume and Merak for recognising the significant growth potential this transition represents,” Ashita and Shalabh added.

“What excites us is the vast opportunity that lies ahead for India to integrate the rapidly growing capabilities in the product design-to-fulfilment space, building on the depth of embedded engineering expertise available in the country, combined with the development of robust onshore capabilities in the end-to-end design of consumer and enterprise tech devices. The global market size for product design and fulfilment is projected to reach $15 billion by 2025, with India poised to capture a significant share. Moreover, the addressable customer base is global, spanning industries worth trillions of dollars, including consumer electronics, automotive, and healthcare. We are confident that iDO will firmly be on the map of global brands when they think of designing and delivering innovative products and concepts,” added Arpit Agarwal, Partner at Blume Ventures.

Manu Rikhye, Partner at Merak Ventures, remarked, “At Merak, we back ideas that matter — solutions to real-world problems with the potential to scale. India has long been home to deep engineering talent; with iDO, that capability is being channelled into full-stack product design and delivery. Even at the seed stage, they bring a rare trifecta: global customer relationships, embedded systems expertise, and executional depth. It’s an ambitious charter, and a strong signal of how India’s product ecosystem is starting to come into its own. We’re proud to be early partners in their journey.”

With this secured funding, iDO Devices is set to transform the tech landscape, lead innovations, and boost India’s status in the global product tech arena. iDO Devices is focused on realising its ‘Single-Window Fulfilment Vision’ through three key strategies: establishing a comprehensive tech value chain in India for global solutions; transforming R&D efforts by pioneering advancements in chip and unit design, assembly, and machine learning innovation; and enhancing connectivity, capacity, and intelligence to drive eco-friendly, efficient digital innovations.

About Blume Ventures

Blume Ventures is India’s leading homegrown early-stage venture capital firm. Founded in 2010, Blume backs entrepreneurs obsessed with solving hard problems that are uniquely Indian in nature and impact large markets. Its portfolio boasts over 300 companies, including unicorns like Unacademy, Slice, Purplle, and Spinny. Blume Ventures has successfully nurtured exits, including Taxiforsure (acquired by Ola Cabs), Zipdial (acquired by Twitter), and Mettl (acquired by Mercer). Blume Ventures is currently investing its Fourth Fund, Blume Fund IV, which closed at over $250 million. Our investments are diversified across sectors such as Enterprise Applications, Consumer, FinTech, Retail, and High Tech.

For more information, please visit https://blume.vc.

About Merak Ventures

Merak Ventures is a sector-agnostic, early-stage venture fund investing in companies that are solving real problems and creating large-scale impact in the B2B and emerging technologies sectors. With over a decade of experience in the Indian ecosystem, Merak Ventures is managed by experienced operators and investors, Manu Rikhye and Sheetal Bahl, who bring over 20 years of experience each to the table.

For more information, please visit https://merakventures.com/

About iDO Devices Private Limited 

Innovating India’s ODM Landscape: iDO Devices revolutionizes the Original Design Manufacturing (ODM) framework by harnessing India’s technical brilliance and entrepreneurial spirit. Aligning global brands with the robust Indian ecosystem, it delivers high-quality, competitively priced tech solutions across multiple sectors.

Specializing in advanced BLE, WiFi, GPS, and potentially GSM applications, iDO Devices offers highly innovative and functional solutions. Key offerings include:

• Bluetooth Turnkey Solutions: A decade-long expertise in the segment.
• High-Quality, Competitively Priced Solutions: Ensuring excellence in every product.
• Embedded System Design & Development: Creating robust and custom systems.
• Hardware & Firmware Development: Managing projects from conception to production.
• Comprehensive Product Design: Including PCB, BOM development, and tool moulding.

iDO Devices not only brings tech solutions to life in India but also ensures that these innovations are globally accessible, continually redefining the value chain for unmatched global reach.

For more information, please visit our website: https://idodevices.com/

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Seoul (South Korea), September 16: The rise of generative AI is reshaping the global academic ecosystem, offering new ways for scholars, professors, and students to access, analyse, and apply knowledge. As academic communities face growing demands for efficiency, global collaboration, and interdisciplinary research, AI-powered solutions are emerging as essential partners in scholarship.

tlooto AI is an academic research platform that integrates generative AI with extensive academic databases. The platform serves more than 1.3 million monthly active users and partners with many universities and research institutes worldwide, making it one of the most widely adopted services of its kind.

tlooto AI supports the entire research process: from retrieving academic papers to generating summaries, critical analyses, multilingual translations, and citation-based responses. These capabilities help researchers conduct literature reviews more effectively, identify international research gaps, and explore new academic directions with confidence.

A spokesperson for tlooto AI emphasized, “Generative AI is not just changing how we search for knowledge; it is transforming how knowledge is created, shared, and advanced. tlooto AI is committed to being at the center of this shift, providing reliable tools that strengthen academic integrity and foster global collaboration.”

As universities and research institutes worldwide adapt to the evolving landscape of AI-driven scholarship, tlooto AI continues to position itself as a key player in supporting the next generation of academic research and innovation.

About tlooto AI

tlooto AI is an AI-powered academic research platform designed to support researchers, professors, and students worldwide. With over 1.3 million monthly active users and partnerships with more than 30 universities and institutes, tlooto provides advanced tools for literature search, summarisation, translation, and citation-based insights. The company has been recognized by leading global organizations and continues to expand its presence in North America, Europe, and Asia.

Media Contact
Name: Sowon Park
Position: Communications Manager
Organisation: tlooto AI
Email: help@tlooto.com

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New Delhi [India], September 16: Anshul Garg Mohan, MD – Mohan Electro Casting Private Limited under its CSR initiative to support the fund raiser event in a theme creation “The Light Within” by renowned fashion designer Rohit Gandhi + Rahul Khanna (RGRK) For “The Festival of Hope Foundation” To provide life saving HPV vaccines to children, a critical step in preventing cervical cancer and other HPV-related diseases.

The initiative seeks to raise CANCER AWARENESS about the importance of HPV vaccination and ensure that vulnerable children receive the vaccine free of cost. Cervical cancer remains one of the leading causes of cancer-related deaths among women worldwide, and vaccination during early adolescence is key to effective prevention.  The Event was attended by reputed Industrialists, Fashion Designers, Socialites, Humanitarians, Media House etc and An Actor Mr. Taha Shah Badushha supported the cause by being Showstopper.

“By joining hands with the Festival of Hope Foundation, we are taking a significant step toward protecting the health of future generations,” said Anshul Garg Mohan. “Our goal is to support to make HPV vaccines accessible to all children, regardless of their socio-economic background, and to spread awareness about the critical role of vaccination in cancer prevention.”

Our small token of appreciation to FOH Foundation fund raising event held at Grand Hyatt Gurugram, will focus on outreach programs in underserved areas, working closely with schools, healthcare providers, and community organizations to facilitate vaccine distribution and education.

Festival of Hope Foundation’s – Ms. Shalini Vij (Founder) also expressed optimism about the cause that saves lives , highlighting that “With this Generous Support by Mr. Anshul Garg Mohan, we are hopeful that this initiative alongwith other supporters will create overall lasting change and save meaningful number of lives by preventing HPV infections through vaccination drive to accomplish 1000 lives protected.”

About Festival of Hope Foundation

Festival of Hope Foundation is a registered nonprofit organization committed to improving health outcomes and supporting vulnerable populations through awareness campaigns, vaccination drives, and community engagement programs.

For Further event-related news, follow the Link

https://www.youtube.com/watch?v=ABOl-tGgG9M

https://mepl-mmw.com/csr.php

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Mumbai (Maharashtra) [India], September 15: The GST Council, at its 56th Meeting held on 3rd September 2025, approved the rationalization of GST rates by moving to a two-slab structure of 5% and 18%, abolishing the existing 12% and 28% rates. These revised rates will come into effect from 22nd September 2025.

As part of this reform, the GST rate on manmade fibres has been reduced from 18% to 5%, and on manmade yarns from 12% to 5%.

Welcoming this landmark announcement, Shri Shaleen Toshniwal, Chairman of MATEXIL (Manmade Fibre Textiles & Technical Textiles Export Promotion Council), said “the value chain of manmade fibre textiles—fibre, yarn, and fabrics—has now been brought under 5% GST and the   long-pending rectification of the inverted duty structure will reduce costs, encourage domestic value addition, and improve the competitiveness of the sector.”

He further added that this reduction comes as a major relief for exporters of manmade fibre textiles and technical textiles, who are currently facing turbulent times due to the 50% tariffs imposed by the US on Indian products.

Shri Toshniwal expressed his gratitude to the Hon’ble Prime Minister, Shri Narendra Modi, for his visionary leadership and constant support to the MMF sector. He also thanked the Hon’ble Union Finance Minister, Smt. Nirmala Sitharaman, the Hon’ble Union Minister of Textiles, Shri Giriraj Singh, and the Secretary (Textiles), Smt. Neelam Shami Rao, for these historic decisions.

“The reduction in GST rates, along with other measures and reforms to simplify compliance and enhance ease of doing business, will strongly support the growth of the manmade fibre textiles and technical textiles sector, and contribute significantly towards realizing the vision of Viksit Bharat,” according to the Chairman, MATEXIL.

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Chennai (Tamil Nadu) [India], September 16: Rajalakshmi Institute of Technology (RIT), inaugurated one of India’s first Quantum Research Center today as part of Initiation Day 2025, marking a major milestone in higher education and advanced research in India.

 The event also welcomed over 2,000 first-year students to the institution.

Dr. (Mrs.) Thangam Meganathan, Chairperson, Rajalakshmi Group, presided over the function and quoted that,

“The true power of educated youth lies in their hard work and commitment to ethics. There are no shortcuts in life. One of the biggest opportunities is already with you it is for students to take, embrace, and make the most of it”.

Dr. Venkata Subramaniam, Quantum India Lead – IBM, highlighted the journey from personal computers and the internet to AI, stressing that quantum computing is at a similar turning point. He noted India’s leadership in producing AI and quantum engineers, and praised RIT for creating a dedicated Quantum Research Center rare among premier institutes globally, urging students to seize this opportunity.

The inauguration was officiated by Dr. Govi.  Chezhian, Hon’ble Minister for Higher Education, Government of Tamil Nadu, applauded RIT’s growth since 2008 into one of the most sought-after engineering colleges in the state.

He highlighted RIT’s efforts in empowering first-generation learners and rural students, and described the Quantum Research Center as a visionary initiative that would place Tamil Nadu on the global map of research and innovation. The event was also graced by the presence of Dr. Haree Shankar Meganathan, Vice Chairman, Rajalakshmi Group.

For information, Please Visit https://ritchennai.org/

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Hyderabad (Telangana) [India], September 16: Vroutes HR, a Hyderabad-based HR consulting firm, has developed a three-layer service model that cuts human resource costs by 50-55% compared to traditional approaches, addressing a gap that undermines startup and small business success across India.

Founded in 2017 by Vishal Adbalwar, Vroutes HR grew from his observations about business failures in the startup and SME sector. Adbalwar watched companies with strong products or services struggle to scale. His discussions with CEOs and business owners revealed a recurring problem: weak or missing HR foundations.

Many organizations ran without dedicated HR teams, relied on junior professionals, or used HR managers out of touch with modern practices. These gaps created poor employee experiences, high turnover, compliance failures, and financial risks that derailed growth.

Modern HR complexity made things worse. Today’s businesses need expertise spanning basic operations and hiring to advanced functions like HR analytics, career architecture, and automation. No single professional could master everything, yet most businesses couldn’t afford large specialized teams.

This gap led Adbalwar to launch Vroutes HR with a simple goal: make comprehensive HR expertise accessible at lower costs. The firm built a three-layer model that works like a full HR department without the overhead.

The first layer uses HR Business Partners as primary employee contacts who handle daily operations. The second layer has HR Managers who tackle strategic work and partner with business leaders. The third layer includes HR Heads who focus on major initiatives and long-term planning.

Vroutes HR created expert teams across key functions: performance and career management, employee experience and culture, payroll and compliance, HR policy documentation, and business operations.

The firm charges 50-55% less than internal HR management through flexible arrangements including virtual, hybrid, or onsite options. Vroutes HR says it’s the only HR consulting firm in India offering customized and white-labeled services.

Since starting, Vroutes HR has grown from Hyderabad to offices in Bengaluru, Chennai, Pune, Noida, and Plano, Texas. The company has worked with over 350 clients across industries using a team of over 45 professionals.

“HR is not just about policies or payroll, it is about building the foundation of a business,” said Founder and CEO Vishal Adbalwar. “We believe every business deserves access to the same depth of HR expertise that Fortune 500 companies have.”

As businesses face rising turnover, changing compliance rules, and digital transformation pressure, Vroutes HR’s model offers a practical solution. The firm positions itself as a growth partner for companies building people-focused strategies.

With offices expanding and a proven track record, Vroutes HR is changing how businesses approach HR by making expert-level support both accessible and affordable.

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Korea, September 15:  tlooto, an AI-powered academic research platform, highlighted its AcademicGPT solutions at Startup Mahakumbh 2025, India’s largest startup and innovation exhibition organized by the Federation of Indian Chambers of Commerce & Industry (FICCI). The event served as a stage for global innovators, universities, and scholars to showcase the future of technology.

With over 1.3 million monthly active users and partnerships with more than 30 universities and research institutes, tlooto has gained recognition for its specialized functionality and quality. The platform is already widely used across North America and Europe and now seeks to expand further in Asia, with India positioned as a key market.

As a next-generation AcademicGPT, tlooto supports academic researchers, professors, PhD scholars, and students by retrieving academic papers and providing summarization, analysis, multilingual translation, and citation-backed answers. These features allow scholars to save time, identify global research gaps, and enhance the quality of their academic work.

tlooto is also available as tlooto Copilot, a chatbot service that can be integrated into institutional systems. Copilot enables users to ask both academic research questions and everyday inquiries, improving accessibility and convenience for faculty and students.

Through its participation in Startup Mahakumbh 2025, tlooto reaffirmed its vision to empower universities and researchers with next-generation AcademicGPT solutions.The company stated it will continue to innovate and expand globally, ensuring that professors, PhD scholars, and students have access to reliable AI-powered academic tools.

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Noida (Uttar Pradesh) [India], September 15:  Indian streetwear brand WearDuds is making waves in the fashion industry with its bold product line of joggers, co-ord sets, and hoodies, all organically adopted.

Founded in 2022 by Sikandar Ali, a third-generation tailor and entrepreneur, WearDuds has grown from small pop-up stalls to a profitable D2C brand without relying on paid endorsements. Instead, celebrities including Kapil Sharma, Zakir Khan, King, Faisu, Siddharth Malhotra, and Neeti Mohan have chosen to wear WearDuds for its quality, comfort, and authentic streetwear vibe. The brand’s influence has also reached Indian television, with presence in popular shows like Bigg Boss and Roadies.

The brand’s joggers for men, women, and kids in multiple styles, including baggy joggers and winter joggers, are now one of the brand’s best-selling categories. Their co-ord sets for men, women, and kids are designed for everyday comfort and statement styling, while their hoodies, featuring bold graphics and oversized fits, are inspired by India’s youth culture.

Each product is crafted using high-quality fabrics and sustainable production methods, keeping exclusivity intact through limited-edition drops.

Unlike most fashion labels that depend on influencer marketing, WearDuds has built its reputation through organic community adoption. Ali combines his family’s 45-year tailoring legacy with modern street culture influences from music and art, creating designs that resonate deeply with Gen Z and Gen Alpha.

“We wanted to make streetwear that speaks to who you are, comfortable, creative, and truly authentic,” says Ali.

Operating under parent company COLORBYCOLOURS, WearDuds is expanding into offline retail in major Indian cities and eyeing international markets in the Gulf, USA, and Canada. The brand also plans to extend into accessories and activewear while maintaining its profitability-first approach.

With India’s streetwear market projected to cross ₹12,500 crore by 2025, WearDuds is positioned to be at the forefront, redefining streetwear with products that combine comfort, culture, and credibility.

About WearDuds:
WearDuds is a Noida-based streetwear label founded in 2022 by Sikandar Ali. Known for its joggers, co-ord sets, and hoodies, the brand has become a favorite among celebrities and youth audiences alike. Built on sustainability, inclusivity, and authentic design, WearDuds continues to grow as one of India’s fastest-emerging streetwear brands.

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New Delhi [India], September 15: Today, while India celebrates the spirit of problem-solvers and builders on Engineer’s Day, here’s a story of one engineer who didn’t stop at machines — he built a content machine.

Meet Mukul Purohit, an engineering graduate turned founder of Kontent Media, one of India’s fastest-growing video editing and content companies — editing over 3,500+ minutes of content every month for top-tier brands like Dhan, Upstox, Motilal Oswal, Groww, and more.

Not All Engineers Build Machines — Some Build Ecosystems

“I was an engineer who couldn’t code. But I could solve problems — and that’s what founders really do.”

With just ₹200 per reel and a four-year-old laptop, Mukul started alone in a study room in his hometown Bikaner.

Fast forward to 2025 — Kontent Media is now a multi-crore bootstrapped operation with 20+ full-time employees, 30+ freelance editors across India, and active expansion into the UAE & global markets.

What changed?

“I stopped chasing perfection.
I focused on execution, delivery, and scale — the engineering mindset applied to content.”

Scaling a Bootstrapped Content Engine

While most agencies fall in love with aesthetics, Mukul treated content like infrastructure — with SLAs, SOPs, and strict on-time delivery.

His approach:

• Build repeatable, scalable systems

• Hire operators who think like engineers

• Prioritize speed + reliability over abstract creativity

• Create 100 videos, not 1 “perfect” one

“We’re the Blinkit of video edits. Fast, reliable, desi, and built for scale.”

And Now, Going Regional + Global

In 2025, Mukul is again ahead of the curve — launching India’s first multilingual editing suite, enabling brands to create content in Gujarati, Marathi, Tamil, Bengali, Kannada, and more.

Why?

Because the future of content is regional, and no one understands Indian markets better than those who built for it first.

Conclusion

From a small study room in Bikaner to powering global content delivery, Mukul Purohit’s journey is an ode to the engineering spirit of problem-solving, scalability, and innovation. On this Engineer’s Day, his story reminds us that not all engineers code — some engineer the future of storytelling.

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Mumbai (Maharashtra) [India], September 15: Patel Retail Limited has secured an export order worth ₹22 crore. With this achievement, the company’s cumulative export order book has now reached ₹50 crore, reinforcing its strong presence in global markets. The orders span across regions, including Europe ,the  UK, Canada, Australia, New Zealand, and Singapore, underscoring the company’s expanding international presence and the growing global demand for its high-quality products.

These consignments will be processed at Patel Retail’s state-of-the-art facilities in Ambernath, Thane, Mumbai, Maharashtra and Gujarat, ensuring strict adherence to global quality standards. The order book is not only significant in value but also comprises repeat orders from long-term clients, reflecting the deep trust and consistent satisfaction of international partners with Patel Retail’s offerings.

With exports to over 35+ countries worldwide, Patel Retail has steadily built a reputation for quality, reliability, and strong customer relationships. This milestone reinforces the company’s ability to serve diverse global markets while leveraging its backwards integration model that sources directly from farmers and processes commodities in-house.

About Patel Retail Limited

Patel Retail Limited is a diversified retail and food processing company with a strong presence in value retail supermarkets, food exports, and agri-processing. Recognised as a 4-star export house by the Government of India. With a growing footprint across domestic retail and international trade, Patel Retail continues to innovate, expand, and build long-term trust with customers worldwide.

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