Author: Priyanka Chauhan

New Delhi: Venture Catalysts Group (Vcats++), India’s first integrated incubator and a full-stack investor for early to growth-stage startups, has announced that about 54 of its portfolio startups have crossed $50 million valuation this year. Despite challenging times that led to a 70% decline in funding this year, Venture Catalysts grew substantially, housing more than 33 soonicorns and over 100 mini corns. The individual valuations of at least two dozen companies have crossed $100 million and about three startups — Shiprocket, BharatPe and Vendantu have attained Unicorn status in the last year.  Venture Catalysts Group or Vcats ++ is an…

Mumbai: Red Fort Capital Finance (Red Fort Capital), a leading focused NBFC specifically on logistics, industrial parks, and the manufacturing sector, has announced that it has provided Rs 10 crore finance to Evocus, a black alkaline water manufacturer. Evocus would use the capital to fuel its global expansion plans. The Gujarat-based D2C company is the country’s first and fastest-growing black water brand. It is present in 50+ cities and is available across offline and online channels. The plan is to now expand globally into 10 odd countries.  On its idea to back Evocus, Parry Singh, CEO of Red Fort Capital…

New Delhi, March 29th: LegalPay, India’s first and only third-party litigation financing and interim financing start-up, has announced that it has financially helped logistics companyBrains Logistics Pvt. Ltd to recover outstanding dues of an undisclosed amount from leading two-wheeler manufacturer Hero MotoCorp. Hero MotoCorp and Brains Logistics had entered into an agreement in relation to the manpower deployed by Brains Logistics Pvt. Ltd. However, Hero Motocorp failed to clear the unpaid invoices raised by Brains Logistics for the services provided by it under the agreement. As a result, Brains Logistics initiated arbitration proceedings against Hero MotoCorp for recovery of its…

New Delhi, March 22: EVI Technologies, one of India’s fastest-growing EV charging solutions Infrastructure Companies, has finally launched the mobile application EVI Grid on the play store for android users.  EVI Grid is a personalized mobile app that enables its users to find the nearby compatible EV charging point for Electric Vehicles. EVI Grid is a one-stop solution for locating nearby EV Charging stations, navigation, Slot booking, and online payment. EVIT was incubated by Electropreneur Park, funded & Supported by the Ministry of Electronics and Information Technology (MeitY), GoI. The company offers a plethora of EV chargers that mainly function…

Mumbai, March 21st: Digital Bharat is the way presumptuous for India, with everything going digital within the Covid-19 era has to vie Associate in the Nursing native role. The pandemic has prompted the arrival of the espousal of cash withdrawals through Aadhar-enabled Payment Systems (AePS), superseding the implanted reliance on standard teller machines. Transactions powered through AePS, which falls underneath the broader class of micro-ATMs, have doubled whereas, the normal dealings model has suffered a happening and halved in precisely one year. For the money inclusion of the under-banked areas of the country, the micro-ATMs are quite a precedence. Pricey…

Insiya aims at opening up 20 stores next year in metro cities Special introduction for derma care to bring special edge for Insiya Mumbai (Maharashtra) [India], March 21st: Insiya, the widest range of Luxury Salon Services brands, launches in Mumbai. Breaking the barriers of an ordinary stereotypical middle-class Marwari family, Pooja Garg, with the unwavering support of her father, has chosen to chase her dream and launched first “ Insiya Bridal and Skin Studio”, a full-service Luxury Salon chain. With her maiden luxury salon at Silver Pearl Building, Waterfield Road, Bandra West in Mumbai. Pooja aims to provide the finest…

New Delhi (India), March 21st: BSE (560961) & NSE (VIKASECO) listed Vikas Ecotech Ltd. an emerging player in the global arena of the high-end specialty chemicals players, offering eco-friendly and technologically superior products to the world has announced that on persistence and support extended by the promoters of the Company, it has paid back Rs. 60 million today, taking the total amount of bank debt reduced in Phase-II to Rs. 360 million and the overall bank-debt reduction to Rs. 580 million to date. After completion of both these phases, and intended additional bank-debt repayment, bank-debt shall get reduced by approx.…

New Delhi (India), March 21st: On 21st March, as the world celebrates down syndrome day, Sunshinebaby products proudly talks about a Campaign they have initiated to bring in awareness of “Intellectually Challenged“ kids with a motive of inclusion and to provide employment opportunities. Sunshinebaby products & SWASTHA Institute, A TATA coffee foundation, inaugurated a campaign on “Special Kids Awareness” on the 26th February 2022 at SWASTHA Institute in Suntikoppa, Coorg. The awareness program will be done through social media & packaging materials that carry a message about kids with special needs. Hoping to make a difference from the second the…

New Delhi (India), March 21st: Kilitch Drugs India Limited is a Leading MSME multinational manufacturer of Injectables in India and Ethiopia. Kilitch has purchased 15 Acres land parcel in Village: Maldev, Taluka: Pen, on Pen – Khopoli Highway, Maharashtra, as the beginning of its expansion plan. The land bought by the company will be used for establishing a state-of-the-art greenfield pharma manufacturing complex. The company plans to set up 4-6 manufacturing units in different therapeutics categories to cater to the growing demands in Domestic and Exports markets. The expansion will be in a similar line of products like Injectables and…

India, March 15th: Illusionism is a millenary art whose social context has evolved substantially over time. Contemporary magic is unique in the sense that it is capable of provoking the wonderful experience of the impossible without the need for the audience to actually believe that what they observe is real. Known as I-Pad magician Rahul Kharbanda is a second-generation illusionist from a Magician family. Rahul’s magic has also spread to Bollywood, as he has now become a consultant in the industry. His work may be seen in the movie ‘Atrangi Re’, starring Akshay Kumar, Sara Ali Khan, and Dhanush. Illusionist RAHUL…