Vadodara, February 5: Ajay’s Takeaway Food, which started with a small outlet in Gujarat’s Navsari town offering cold coffee, burgers, and pizzas, celebrated a landmark occasion in the Quick Service Restaurant (QSR) history with the launch of its 100th outlet on the Vasana Road in Vadodara on February 5. The launch marks an important step in the brand’s attempt to establish its footprint in the burgeoning foodservice market in Gujarat. In a brief span of eight years, Ajay’s has spread its wings by setting up outlets in Surat, Navsari, Billimora, Valsad, Chikhli, Ankleshwar, Bharuch and Vadodara. The brand has big…
Author: Rahul Mehra
Pune, February 03: SG Analytics, the market leader in research and data analytics services, has appointed Sid Banerjee as an Advisory Board Member. With over three decades of industry experience, Sid is an accomplished & experienced professional who has worked with global firms like Deutsche Bank, Credit Suisse and IHS Markit. Till recently, he was on the advisory board of Bridgei2i, now part of Accenture’s Applied Intelligence practice. Sid played a crucial role in facilitating their stake sale. He brings in a diversity of thoughts and a global network to help broaden SGA’s horizons for engaging with constituencies and stakeholders outside…
The Start-up is into manufacturing Eco-Friendly Bricks out of waste plastic waste materials. Guwahati, February 03: ZERUND- innovative brick manufacturing start-up has raised an undisclosed amount in Pre Series A round from NEDFi Venture Capital Ltd. (NVCL). Assam based start-up has raised a total of INR 4 crore in total, including the current round. Started in 2018 by Rupam Choudhury, Mousum Talukdar and David Pratim Gogoi, ZERUND provides eco-friendly, cost-effective, crack/earthquake resistant, lightweight bricks made from waste plastic and other waste materials as ingredients. The brand currently operates out of its manufacturing facility in Pathsala, Assam. On the Fund Raising, David Pratim Gogoi,…
Bengaluru, February 03: Automovill, a full-stack mobility start-up, has announced the foray into India’s Eastern and Central markets. The brand has launched new workshops in the key cities- Kolkata, Ranchi, Bhubaneshwar, Siliguri, Bhopal, and Indore. The brand has rolled out the workshops on both the models- Co-owned and Partnered. The brand has already partnered with 500 workshops and established 70 hubs across India, enabling the expansion. With the new launch, Automovill shall strengthen its presence in over 20 cities in India. The brand has witnessed a rising demand post the pandemic and is aggressively covering the lockdown numbers. All the co-owned workshops…
In the past, Hedonova has invested in trailblazing startups such as SpaceX, Swiggy, Robinhood and Flexport, among others. New Delhi, February 02: LegalPay, India’s first and only tech-driven alternative-investments platform specializing in insolvency, legal and debt financing, within insolvency, has raised an undisclosed amount from US-based Hedge fund Hedonova. This investment extends LegalPay’s pre-Series A round in December last that was led by Venture Catalysts and Amity Technology Incubator. Hedonova is an alternative-investment hedge fund that invests in multiple asset classes such as art, unicorn startups, wine, equipment finance, ligation finance, music, and a few more. On the recent investment, Suman…
Ms. Shrishti Bhandari, Chief Marketing Officer & Executive Director, Mangalam Information Technologies Pvt. Ltd., said, “The thrust on digitisation in the Union Budget augurs well for the post-pandemic world. In a heartening measure, the Budget gives a push to emerging technologies such as blockchain, drones, etc., and recognises animation, e-sports and gaming as sunrise sectors. Moreover, strengthening digital infrastructure through DESH stack e-portal and granting infrastructure status to datacentres will catalyse the growth of the Indian IT sector. Overall, the emphasis on tech-enabled growth is a major positive takeaway from the Union Budget. These, along with the implementation of the 5G…
Prashant Jain, CEO, Oswaal Books, said, “The vision of the budget is welcoming not only to the current needs but also to the global demands of the future. While there is a clear emphasis on digital education and skilling programs that will boost learning outcomes and methods, the students and teachers who have nearly lost two years of learning and patience due to the pandemic may find the remedy a little delayed. One Class One TV Channel will expand the reach of education to the leisure of homes across the economic divide, and centres of excellence will help focus on quality…
Mr. Juzar Khorakiwala, President, IMC Chamber of Commerce and Industry, said, “Union Budget 2022-23 unveiled by the Finance Minister today has laid a blueprint for the country’s economic journey over the next 25 years. This forward-looking budget provides a direction for the country’s progress in the future and is laced with welfare orientation. The budget highlights the progressive vision for rapid infrastructure development through the Gati Shakti program that can create millions of jobs, build world-class facilities for easy mobility of people and goods, and reduce overall transportation costs. A multimodal approach encompassing railways, roads, ports, and so on is…
Dr. Shyam Bhat, Chairperson, LiveLoveLaugh, said, “The pandemic and its aftermath have aggravated mental health issues, and this situation requires renewed focus. Therefore, it is encouraging to see plans in this year’s annual budget to bolster mental health care infrastructure in the country. The setting of new mental health institutions and a national tele mental health program provide a robust platform for more research, better treatment and follow-up, and an overall improvement in health outcomes. We look forward to the implementation of the policies announced in this year’s budget”. Dr Veena Aggarwal, Trustee Dr KK’s Heart Care Foundation of India, said,…
Dr. Navneet Gupta, Founder & CEO at YPay, said, “India’s fintech system was a silver lining in the difficult times of lockdown and the pandemic. The nation has been bullish with digital payments, and the current budget has further fueled the same by announcing 75 digital banking units in 75 districts. Including 1.5 lakh post offices under a banking system with digital infrastructure, enablement will promote financial inclusion and accelerate shifting the micro-economy in the mainstream banking system. Gradually, all the efforts will strengthen credit access, and payments in the MSME system will certainly reflect in the nation’s economic growth at…

