Author: HE Web Desk

New Delhi: HOLANI VENTURE CAPITAL FUND reports a notable Net Asset Value (NAV) of Rs.157.62 per unit on 30th November 2024, which is underscoring its robust investment strategy and commitment to value creation. This substantial growth not only reflects their well-calibrated investment strategies but also signifies their unwavering dedication to delivering sustainable returns and long-term growth for their investors. HOLANI VENTURE CAPITAL FUND, a Category I Alternative Investment Fund (AIF) with an initial corpus of ₹ 300 crore and an optional extension of ₹ 100, actively invests in SMEs. Over the past 6 months, the fund has diversified its portfolio…

Swiggy InstaMart Swiggy InstaMart is a quick commerce startup that was started by the most popular food delivery service provider Swiggy which was founded by Sriharsha Majety in the year 2014 to provide people with food at their doorstep, they do not to go anywhere just have to order food online and the Swiggy will deliver their food at their doorstep without going anywhere. Generally, Swiggy InstaMart was started by Swiggy in 2020 to deliver the food within 15 to 30 minutes. Swiggy InstaMart was started to deliver food and groceries as fast as possible to the customer at their…

New Delhi: Pai Machines, a newly established brand of Infra Bazaar Tech Pvt Ltd (IBTPL) that deals in advanced machinery manufacturing, has completed the asset purchase of the machinery works manufacturing facilities of L&T Construction Equipment Limited division (LTCEL). As part of the transaction, a 70-member manufacturing team, including a 40-member product development/R&D team, have transitioned to Pai Machines. This transition was set in motion in June 2024 and since then Pai Machines has worked to integrate the manufacturing facilities and the team with its long-term strategy. This marks a significant expansion of Pai Machines into India’s construction equipment segment. Pai Machines…

New Delhi: In today’s high-paced work environment, employees face mounting stress from relentless deadlines, constant phone notifications, and limited mental breaks. This heightened pressure is evident across industries, revealing a clear need for a shift toward sustainable wellness practices in the workplace. According to a recent study by ( The British Journal for Sports Medicine or American Psychological Association ) incorporating sports and physical activity into daily routines is proven to significantly reduce stress, boost morale, and improve mental health. In response, many companies are investing in indoor and outdoor sports facilities on their campuses to promote an active lifestyle for their employees. Why Wellness…

New Delhi : 21-Year-OldAt just 21 years old, Paul Jeevanesan, a mechanical engineering graduate from Chennai, is transforming the way India interacts with artificial intelligence. His startup, StudAI Edutech, has launched StudAI Genie—an all-in-one AI platform designed to boost productivity and simplify life. With over 350+ tools, the platform provides customised AI solutions tailored to meet users’ unique needs, empowering individuals in all aspects of their daily and professional lives. Importantly, it is accessible to millions of Indians, including those in the most remote areas. In just 100 days, StudAI Genie has attracted over 1,100 active users—all without spending a single rupee on advertising or paid promotions. The platform’s user-first design and word-of-mouth referrals…

New Delhi: Goyal Salt Limited, leading FMCG player which specializes in salt, is investing ₹80 crore to set up a large salt manufacturing plant in Gandhidham near salt capital of Kutch with a capacity of 4,50,000 MT. Spread over 12 acres of land, the plant is at trial run stage and expected to be operational by end of January 2025. With this plant, Goyal Salt is going to be the largest player in natural salt in India. Besides the Gandhidham plant, the company has one unit in Nawa City spread over 15 acres solely dedicated to salt refining, raw salt…

New Delhi: KLK Ventures Private Limited has been awarded a significant renewable energy project by the Jammu & Kashmir Energy Development Agency (JAKEDA). The project involves the supply, installation, and commissioning of Grid-Connected Solar Rooftop Photovoltaic Power Plants on various designated government buildings across the Union Territory of Jammu & Kashmir. This initiative represents a critical step in enhancing sustainability and energy efficiency in the region, aligning with India’s vision of advancing renewable energy solutions. Under the Letter of Allocation (LOA), KLK Ventures will manage the installation of solar systems with a total capacity of 3 MW in the first…

New Delhi: Navanc, a pioneering FinTech startup building India’s first AI-powered property score and stack for secured lending and insurance practices, has successfully raised $1M in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors. The funds will be directed toward expanding operations across India, with a focus on strengthening Navanc’s presence in urban and semi-urban areas. Additionally, the startup will bolster its AI FinTech capabilities by incorporating Generative AI and Computer Vision models to further its vision of becoming India’s first Property…

New Delhi: ZELIO Ebikes, a leading player in India’s electric two-wheeler market, has announced a strategic partnership with LoanTap, a leading online personal loan platform, to provide hassle-free financing options for customers. This partnership aims to enhance accessibility and affordability for customers across the country, enabling more EV enthusiasts to purchase ZELIO Ebikes’ diverse range of low and high-speed electric two-wheelers, including the popular X-Men, Gracy, Eeva, and Mystery models. The collaboration with LoanTap offers a range of customer-friendly benefits that will make the purchase of ZELIO electric scooters more accessible. LoanTap’s flexible repayment plans allow customers to choose repayment…

New Delhi: Room to Read India, in collaboration with the Epsilon Foundation and the Department of School Education and Literacy, Government of Karnataka, hosted an event, ‘Celebrating milestones in Kannada children’s literature and promoting a reading culture,’ to mark the achievements of the transformative project aimed at fostering a culture of reading among children in Karnataka. The event brought together senior government officials (from district, block and state levels) including Hon’ble Principal Secretary, Department of Education. Other key attendees included 13 teacher-authors, educationists, renowned Kannada authors and illustrators, knowledge partners (education-focused NGOs), and corporates supporting education. Mr. Ritesh Kumar Singh,…