Author: Rahul Mehra
News Editor

Bengaluru: Styched, the leading direct-to-customer (D2C) homegrown fashion and lifestyle brand, has successfully acquired Zymrat, an innovative performance-wear brand. This strategic move marks Styched’s second acquisition, following its earlier success with Flatheads, which gained recognition in Shark Tank India Season 2. The acquisition was sealed through a cash and equity swap deal, alongside an acquihire of the Zymrat leadership team. While the exact financial details remain undisclosed, it signifies a major milestone for both companies. At the time of acquisition, Zymrat boasted an impressive Annual Recurring Revenue (ARR) of 1 million USD, reflecting its strong market presence and potential for…

New Delhi: On the onset of winter wedding, House of Surya, India’s leading fashion brand, dazzled the fashion world with its exotic bridal collection ‘Sajda.’ Surya today launched the much-anticipated launch of its latest bridal collection- ‘Sajda.’ This collection marks a significant milestone as it continues redefining premium and luxury bridal wear. With the bridal season in full swing, House of Surya invites brides-to-be, fashion enthusiasts, and connoisseurs of timeless elegance to explore a captivating array of bridal couture that combines tradition with contemporary aesthetics. This new collection promises to elevate the bridal experience to new heights. “With the launch of ‘Sajda’,…

New Delhi: With the festive season around the corner, Les Petits, the luxury fashion brand for kids, has launched an exclusive range of festive collections from the in-house brand Rang. Exhibiting opulence, the assortment curated by the brand perfectly resonates with the festive fervour. The exotic collection embodies sartorial elegance, diligently weaved into various rich fabrics like Chanderi Silk and velvet, Neo Prines, Satin, Cotton, Silk, and Chiffon to vividly capture the celebratory mood of the occasion. At the same time, it offers a wide gamut of options to choose from a reservoir of designs, be it in the form…

Mumbai: Mobicule Technologies, a recognised player in debt collection and a leading home-grown digital customer onboarding company in India is proud to introduce its Phygital Debt Resolution service to enhance the capabilities of the debt collection and loan recovery market. The cutting-edge solution blends digital outreach parallel with customer-focused call centre to produce a streamlined and efficient approach to debt collection and resolution. This approach guarantees a customer-centric strategy and will help reduce bounce rates as it will cater to user behaviour with a combination of digital + AI + physical calls and increase collection efficiency post-delinquency. Banks and NBFCs…

New Delhi: UBON, India’s leading Gadget Accessory Consumer Electronics brand, proudly announces its exclusive collaboration with the highly anticipated Bollywood movie, ‘Fukrey 3’. As part of this exciting partnership, UBON hosted a thrilling giveaway on its official page and integrated its products into the film, offering fans an opportunity to win fabulous prizes. This collaboration with ‘Fukrey 3′ has captured fans’ excitement across the nation with a trending giveaway on UBON’s official page. Participants have actively engaged with the contest, showing enthusiasm for the film and UBON’s exceptional gadgets. Participating in UBON’s exclusive ‘Fukrey 3’ collaboration giveaway could not be easier,…

New Delhi: Air India, On Friday, announced that it has successfully acquired the first Airbus A350-900 aircraft in India through a financing leasing deal with HSBC. It is the first finance deal the airline has completed since receiving its record-breaking orders for 470 aircraft. Air India is the first scheduled airline in the nation to have purchased an aircraft from a company registered in Gujarat International Finance Tec-City (GIFT City), according to a statement made by the airline. The deal was made possible by GIFT IFSC-registered financial business and AI Fleet Services Limited (AIFS), a fully owned subsidiary of Air India,…

New Delhi: To significantly catapult the energy transition and effectively contribute to the country’s sustainable growth, Gautam Solar plans to expand its annual solar module manufacturing capacity from 1 GW to 2 GW. The leading solar module manufacturing segment player is projected to achieve massive expansion by the end of the calendar year 2024. To enable the projected growth in a steady and timely manner, Gautam Solar will be investing around Rs 150 crores in its manufacturing setup during the year. For Gautam Solar, North India’s largest solar module manufacturer, this will be a significant leap bolstering its prowess as the major contributor…

New Delhi: India’s second-largest online gifting platform, admired for its wide range of curated gifting products, including cakes, flowers & and customized gifts for every occasion and relationship, has launched its premium range of chocolates to fulfil the massive demand it has experienced in the last 5 years in tier-2 & tier-3 cities. Winni has sold Rs 75 Cr worth of chocolates in the last 5 years, which the sale from tier 2 and tier 3 has accounted for a total of 55% (40% from tier 2 & 15% from tier 3, which has surprisingly surpassed the tier 1 cities (40%).…

National: Vehant Technologies, an AI / ML-based security screening solutions provider, has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology, Jodhpur (IIT-Jodhpur) to promote Industry-Academia Collaboration and work jointly on research-based projects. Following the IIT-Mandi and IIIT-Delhi, this is the third MoU signed to strengthen the Industry-Academia Collaboration. The partnership shall sponsor up to five students enrolled in the M.Tech program in 2023–2024. The organization additionally intends to sponsor PhD research and development in AI and ML, faculty consulting projects, and research projects. The student selection process has begun, and the project work will begin on September…

New Delhi: EcoSoul Home has opened a bagasse-based products export factory in Muzaffarnagar, Uttar Pradesh. It was officially inaugurated by General Dr. V.K. Singh (Retd.), the honourable Minister of State for the Ministry of Road Transport and Highways and the Ministry of Civil Aviation, Government of India. The Minister of State, along with EcoSoul Home’s President and Co-Founder, Dr Rahul Singh, marked the occasion by inaugurating the factory, which was built at the cost of INR 10 crore. Spanning over four acres, the factory will be producing eco-friendly home essentials like kitchenware and tableware from agro-waste such as sugarcane bagasse, straw,…