Author: HE Web Desk

New Delhi: Spherule Foundation, a pan-India non-profit organization, and SBI Payment Services Private Limited (SBI Payments), a subsidiary of State Bank of India, have joined hands to launch a transformative CSR initiative aimed at empowering 100 women entrepreneurs from marginalized communities across the Pune District. This initiative is designed to provide women with the tools, training, and support needed to establish and grow scalable and sustainable small and micro businesses. Ground-level mobilization and participant registration for this project are already in progress. The program is designed to offer practical learning through comprehensive training on financial management, digital tools, entrepreneurship fundamentals,…

New Delhi: VergeCloud, an innovative startup in the cloud technology segment, announces its entry into the dynamic Indian market. After three years of dedicated product development, the company is poised to unveil its cutting-edge Content Delivery Network (CDN), advanced cloud security solutions, and powerful edge computing infrastructure. To support its go-to-market efforts, VergeCloud has secured an initial USD 3 million in funding dedicated primarily to sales and marketing initiatives. This infusion of capital follows a substantial multi-year investment—amounting to several millions of dollars made towards building out the company’s large-scale CDN and cloud security platform. With the core technology foundation…

New Delhi: Bitget, the leading cryptocurrency exchange and Web3 company, has announced the merger of its native tokens, Bitget Token (BGB) and Bitget Wallet Token (BWB). The move, driven by strong community demand, aims to unify the two tokens into a single ecosystem token, BGB, which will serve as the ultimate utility token for both Bitget Exchange and Bitget Wallet. As one of the fastest-growing centralized exchanges (CEXs), Bitget ranks among the top three globally in trading volume, offering a comprehensive suite of pre-market, spot, margin, and futures trading services. Bitget Wallet, one of the largest Web3 wallets globally, boasts over…

New Delhi: B2B manufacturing technology company Groyyo announces the elevation of its Managing Director (Exports) Nitin Jain to the position of Co-Founder. Nitin’s elevation to this role marks a significant milestone in Groyyo’s journey, reflecting his integral contribution to the company’s success and robust exports growth. Nitin, who spent the early years of his career leading Sales & Marketing at Wearwell Industries – building their global order book from the ground up prior to joining Groyyo, played a significant role in architecting Groyyo’s exports shift and drove the expansion of the company’s international business to markets ranging from the UK, EU to…

New Delhi: Xcort Company, a pioneer in IT services with over 28 years of expertise, is thrilled to announce the official launch of its consumer-focused on-demand IT repair service app called, Xcare.in. With operations across Gujarat, Xcare.in aims to redefine how IT repair services are delivered, combining convenience, expertise, and transparency into a seamless user experience. By introducing doorstep service and support through an intuitive mobile app, Xcare.in organizes an otherwise fragmented sector, offering reliable and professional IT solutions to customers. Through its innovative mobile app, Xcare.in empowers customers to book doorstep repairs and remote support with ease, ensuring professional,…

New Delhi: Accordion, a financial consulting firm focused on private equity, has expanded its investment in India, which serves as the hub for its industry-pioneering data and analytics (D&A) practice. The company has recently opened its new 1,500-seat-capacity office in Hyderabad, which houses a workforce that has grown from 550 to 850 members in just over a year. The investment underscores Accordion’s ambitious growth plans, which include additional hiring in India and expansion into Europe. “For the private equity-backed CFO of 2024, a solid foundation in data & analytics is no longer a ‘nice to have,’ it’s a ‘must-have’,” said…

New Delhi: Housr, a rapidly growing luxury managed living brand, is expanding into the short-stay segment to meet the rising demand for flexible accommodations among corporate travellers. The expansion follows a significant growth witnessed by Housr over the past 18 months with 90% + occupancy rates across its existing 70+ properties spread across top-tier cities. The company is creating and dedicating bespoke rooms within its properties for corporate short stays, enhancing the overall experience for professionals on the move, especially during the peak year-end travel period and beyond. A recent report suggests that India’s over USD 10.6 billion corporate travel…

New Delhi: Akums Group, India’s largest Contract Development and Manufacturing organization, has announced a strategic long-term agreement with a globally renowned pharmaceutical company to manufacture and supply pharmaceutical formulations in the European market. Under this collaboration, Akums  Group will produce and supply multiple SKUs of oral liquid formulations, which the partner company will market across various European countries. This agreement aligns with Akums’ strategic growth objective to expand its presence in Europe and other regulated markets while supporting the “Make in India” initiative. This agreement helps boost domestic manufacturing capabilities for global markets. The commercial supply of these products is…

New Delhi: ZELIO Ebikes, a leading force in India’s electric two-wheeler market, has officially launched its first-ever e-rickshaw models—Tanga Butterfly and Tanga SS—marking its entry into the rapidly growing e-rickshaw segment. These models, designed with both urban and semi-urban commuters in mind, start at INR 1,45,000 INR for the Tanga Butterfly and INR 1,40,000 INR for the Tanga SS, ex-showroom. Both models were first showcased to great acclaim at the EV India Expo 2024 in New Delhi last month. The launch of the Tanga Butterfly (constructed with MS – Mild Steel) and Tanga SS (constructed with SS – Stainless Steel)…

New Delhi: Tired of messy chalks and toxic sprays? Picture this: a pest control solution so simple, safe, and effective that it blends effortlessly into your home. That’s the promise of Knoq Away, the innovative startup from Mangalore redefining how we tackle pests in India. Founded in 2024, Knoq Away is on a mission to replace outdated pest control methods with modern, clean, and hassle-free solutions. Frustrated by the inefficiency and inconvenience of traditional products, Knoq Away sets out to create something different—a product that works looks good, and is safe for everyone. Meet the Game-Changer: Knoq Away Anti Cockroach…