Author: Team

Stashfin grants ESOPs up to INR 5 lakh to each employee, empowering long-term value creation

Mumbai, 15 January 2025: Stashfin – a leading financial services platform in India, announced the allocation of Employee Stock Options (ESOPs) worth ₹5 lakhs and ₹3 lakhs for employees who have completed five and three years, respectively. This milestone comes as part of the company’s INR 600 crore ESOP pool, aimed at recognising long-term commitment and fostering a culture of shared success by rewarding and retaining top talent in the fiercely competitive fintech market. At Stashfin, every employee is eligible for ESOPs as part of their compensation package. With over 170 employees, the company ensures that the value created for each individual is significant.

The ESOP structure at Stashfin is designed to foster long-term employee engagement and reward commitment. It includes a four-year vesting period with a 12-month cliff, ensuring that employees who contribute meaningfully over time are well-compensated. Beyond tenure, performance plays a pivotal role in determining additional ESOP allocations, making the program both equitable and aspirational. This approach ensures that loyal and high-performing employees are not only recognised but also financially empowered, reinforcing Stashfin’s ethos of shared success and mutual growth.

Tushar Aggarwal, Co-Founder, Stashfin commented, “At Stashfin, we are committed to fostering a culture where every teammate is a key contributor to our success. This ESOP allocation reflects our belief in creating meaningful value for our employees while recognising their long-term commitment to driving our vision forward.”

The vested ESOPs can be unlocked through liquidity events such as an IPO or an acquisition. The company is focused on ensuring that employees share in the wealth creation journey when Stashfin reaches significant milestones.

Stashfin’s ₹600 crore ESOP pool is one of the largest in the Indian fintech space, highlighting the company’s focus on creating long-term wealth for its employees. Stashfin continues to build a culture of ownership and shared success, making ESOPs a key pillar of its employee benefits program.

Ocus Group Partners with CBRE for Facility Management

Gurugram, 15th January 2025- Ocus Group, a leading Gurugram-based developer, is delighted to announce its collaboration with CBRE, a global leader in facility management services, for the management of Ocus Medley. This strategic partnership aims to deliver high-quality facilities management, enhancing the level of service and operational efficiency for its occupants. With CBRE’s renowned expertise, this collaboration is expected to further elevate the reputation and success of the project.

Spanning 4.14 acres, Ocus Medley is a strategically positioned mixed-use development located in Sector 99 on Dwarka Expressway. The development features ready-to-move-in Grade ‘A’ office spaces tailored for multinational corporations and startups, alongside a premium mix of high-street retail, a three-screen multiplex, diverse dining options, bars, a trampoline park, and a food court. The project is located 15 minutes from IGI Airport and NH-48, offering unmatched connectivity and convenience. Designed to offer an exceptional blend of business, retail, and entertainment experiences, Ocus Medley creates a dynamic environment where work, leisure, and lifestyle seamlessly coexist.

Prakash Mehta, Chairman and Managing Director, Ocus Group, said, “We are thrilled to partner with CBRE for facility management of Ocus Medley. This collaboration reflects our unwavering commitment to delivering excellence and setting new benchmarks in urban living and business environments. With CBRE’s expertise, we are confident that Ocus Medley will offer an unmatched experience to its occupants, combining state-of-the-art infrastructure with superior operational efficiency.”

Ocus Group is renowned for its contributions to the hospitality, commercial, and mixed-use development sectors. With a focus on delivering projects that elevate urban living and business standards, the group has set benchmarks in creating high-street retail, premium office spaces, and world-class service apartments. This partnership reflects their commitment to delivering world-class services and ensuring long-term value for their stakeholders.

Archies partners with magicpin to redefine the gifting experience

New Delhi, 15th January 2025: Archies, a legacy brand in the social expression industry, has announced a strategic collaboration with magicpin, India’s largest discovery and savings hyperlocal. This partnership merges Archies’ legacy of offering thoughtful and personalized gifts with magicpin’s robust digital ecosystem, creating a seamless and impactful gifting experience for consumers.

The collaboration stems from a shared goal of expanding their presence in the gifting market. Archies aims to strengthen its visibility and connect with a wider, digitally-savvy audience, while magicpin enriches its platform by adding Archies’ trusted and iconic gifting solutions to its portfolio. With over 10 million users across top 20 cities, magicpin provides Archies an ideal opportunity to target high-intent shoppers seeking meaningful and personalized gifts.

Varun Moolchandani, Executive Director of Archies Limited, expressed his enthusiasm for the partnership, stating, “We are thrilled to join hands with magicpin to further solidify our position in the gifting category. This collaboration allows us to engage with a dynamic, tech-savvy audience, enhancing their gifting journey with our innovative and timeless offerings.”

Naman Mawandia, CXO – Enterprise Brands at magicpin said, “magicpin exists to create a marketplace that is more local, relevant and celebrates the thrill of shopping and savings for all. That’s the magic of local. Our partnership with Archies reinforces our commitment to empowering businesses and customers alike, and we are excited to offer additional savings to all of our users on Archies through this collaboration. As the magicpin ecosystem expands, Archies can harness a broader customer base while delivering exceptional value and personalized services powered by us.”

Through this collaboration, both brands seek to drive growth and engagement by combining Archies’ gifting expertise with magicpin’s tech-driven marketing capabilities. Seasonal campaigns and promotional activities will amplify the partnership’s impact, especially during high-demand periods. This initiative not only modernizes Archies’ approach to customer engagement but also enhances magicpin’s value proposition by associating with a brand synonymous with gifting excellence.

The success of this partnership will be measured through key performance indicators, including sales growth, customer engagement, and repeat purchases. Both brands anticipate significant growth, leveraging their collective strengths to redefine gifting experiences for a digital audience.

Faasos Takes Makar Sankranti to New Heights with India’s First Virtual Kite-Flying Game

January 15, 2025 – National, India: This Makar Sankranti, Faasos, the flagship brand of Rebel Foods, the world’s largest internet restaurant company, is soaring to new heights by blending tradition with innovation. With the launch of “Cut The Burger Mess,” one of India’s first virtual kite-flying games, Faasos brings the vibrant spirit of Makar Sankranti’s kite-flying festivities to digital screens nationwide. The brand has launched this game to promote its newest offering BURGER WRAPS. This new category of wraps brings burger enthusiasts across the country the good taste of burgers without the typical burger mess.

Rooted in the joy of colourful skies and the friendly rivalries of kite-flying, “Cut The Burger Mess” is Faasos’ playful way of celebrating the burger wraps by combining the nuances of this cherished festival. By taking this beloved regional tradition virtual, Faasos ensures that everyone, regardless of location or access, can experience the thrill of Sankranti’s kite battles in an innovative and engaging way.

Nishant Kedia, Chief Marketing Officer, Rebel Foods said, “We wanted to promote our exciting range of burger wraps but make it relevant to our audience. We felt the kite-flying season could be a good opportunity to talk to our audience about this latest offering. While the occasion is slightly regional we still wanted to make it relevant, hence we chose the digital way to on-board relevant TG. That is how this fun kite-flying game was born. The user has to take down messy burger kites and score high in this game. The whole experience is sure to keep you engaged while keeping the focus on Faasos Burger Wraps”

With “Cut The Burger Mess,” players can experience the competitive excitement of kite-flying while engaging with Faasos’ signature playful branding. The game not only celebrates Makar Sankranti’s joy but also highlights Faasos’ commitment to innovation, storytelling, and creating unique experiences for its customers.

This initiative reinforces Faasos’ vision of honouring regional traditions while adapting them for today’s fast-paced, digitally connected world. By blending the past with the present, Faasos is ensuring that the essence of India’s rich cultural heritage is celebrated in meaningful, inclusive, and creative ways.

Bridging Gaps in Healthcare Accessibility with Advanced Stroke Care and World-Class Medical Infrastructure

Stroke has become one of the major causes of disability and mortality in India, with nearly 1.5 million cases reported every year. Alarming findings from a recent study published in the International Journal of Stroke highlight that 85-90% of these strokes are caused by blood clots in major brain vessels, requiring immediate and advanced medical intervention. However, only 25% of India’s population has access to stroke-ready hospitals, with significant regional disparities further exacerbating the crisis. The study reveals that many central, eastern, and northeastern regions remain critically underserved, while even regions with better access face challenges like long travel distances to treatment centers.

On the other hand, regions such as southern states, Chandigarh, Kerala, and Delhi fare significantly better, with over 50% of their populations within one-hour drive of stroke-ready hospitals. This uneven distribution creates a critical gap in stroke care, leaving millions in underserved areas vulnerable to delayed treatment during emergencies. Thus, the healthcare sector must prioritize infrastructure development, ensuring equitable access to advanced medical facilities nationwide. This highlights the urgent need for more stroke-ready hospitals and greater awareness about early stroke recognition.

To address this, Yashoda Medicity is playing a pivotal role by enhancing stroke care infrastructure. The upcoming hospital’s world-class Emergency Department will have dedicated Heart and Stroke Command, along with ER-ICU, all designed to provide timely, specialized care. Further, Yashoda Medicity Emergency will also be equipped with state-of-the-art diagnostic tools, including independent MRI, CT scan, X-ray, and ultrasound facilities, ensuring rapid, accurate stroke diagnosis. This integration of diagnostic capabilities, along with the proximity of DSA & Cath Lab just above the emergency department, significantly reduces turn-around time of interventions and enables swift treatment like thrombolization—either through medication or in the Cath Lab. These advanced facilities will bridge the gap in critical stroke care, providing the urgent medical attention that can make all the difference in patient outcomes.

Dr. PN Arora, CMD, Yashoda Medicity, said, “We understand the urgency of timely intervention in stroke cases. Yashoda Medicity is dedicated to meeting the critical need for stroke-ready hospitals in the region, and our goal is to ensure that patients receive the immediate, expert care they require. By providing comprehensive stroke care solutions and streamlining the diagnostic and treatment process, we aim to reduce delays and improve patient outcomes. Our commitment to bridging the gap in stroke care will not only support patients in urgent need but also contribute to building a stronger healthcare infrastructure in the region. ”

Thus, the growing incidence of stroke in India demands urgent attention to address the significant gaps in access to stroke-ready hospitals. With a staggering 1.5 million cases reported annually, timely intervention is critical for improving patient outcomes. The uneven distribution of healthcare facilities, especially in underserved regions, exacerbates the crisis, highlighting the need for infrastructure development and better healthcare accessibility across the country. Hence, prioritizing stroke care in both urban and rural areas will be key to ensuring that no patient is left waiting for the life-saving treatment they need.

Vineet Agarwal joins Impact Infracap as Director

New Delhi, 15th Jan, 2024 – Gurugram, Haryana — Impact Infracap, a premier investment management firm specializing in the Indian infrastructure sector, is pleased to announce the appointment of Mr. Vineet Agarwal as Director.

 In this role, Mr. Agarwal will be instrumental in driving strategic initiatives and enhancing the firm’s investment management services.

 Mr. Agarwal brings over 11 years of extensive experience in the infrastructure and energy sectors across India, South-East Asia, and Latin America. His expertise encompasses equity fund raising, mergers and acquisitions, portfolio management, growth strategy, business development, bidding, and new market entry. Notably, he has led several transactions with an enterprise value of approximately USD 2 billion and has been actively engaged in corporate strategy initiatives.

 Prior to joining Impact Infracap, Mr. Agarwal served as Assistant Vice President – M&A at Sterlite Power, where he led significant transactions, including the establishment of a joint venture platform with GIC and the divestment of assets worth over $1.5 billion. He holds a Post Graduate Program in Management from the Indian School of Business, Hyderabad, with majors in Strategy and Finance, and a Bachelor of Engineering from Delhi College of Engineering.

 “We are delighted to welcome Vineet to our leadership team. His extensive experience and proven track record in the infrastructure sector align perfectly with our mission to provide unparalleled investment management services in India. We are confident that Vineet’s strategic insights and leadership will significantly contribute to our growth and the success of our clients’ investments.” Mr. Sharat Goyal, Chief Executive Officer of Impact Infracap, said.

 “I am thrilled to join Impact Infracap at such an exciting time in the infrastructure investment space. The firm’s commitment to excellence and innovation resonates deeply with me. I look forward to contributing to the organization’s vision and working alongside a talented team to create sustainable value for our investors and stakeholders.” Mr. Vineet Agarwal, Director, Impact Infracap said.

Skoda Auto India to showcase its legacy at Bharat Mobility Global Expo 2025

Mumbai, January 15, 2025 – Škoda Auto India is gearing up to make an exciting splash at the Bharat Mobility Global Expo 2025, from January 17 to 22 in New Delhi. Showcasing its rich heritage of performance and innovation, Škoda Auto’s pavilion will feature an impressive lineup of eight models from its Indian and global portfolio, emphasising the brand’s commitment to sustainability and advanced mobility solutions.

Speaking on the company’s participation, Petr Janeba, Brand Director, Škoda Auto India said, “The Bharat Mobility Global Expo 2025 presents a great opportunity for us to showcase our evolving global and Indian portfolio of ICE and EV vehicles. India is a key market for Škoda, serving as the second leg of our global presence outside Europe. From the India-specific Kylaq to the futuristic Vision 7S, our models at the expo highlight innovation, European design, and performance tailored to the Indian market. Expanding our product range will play a pivotal role in our continued growth and in attracting new customers to the Škoda Auto India family.”

The pavilion will showcase a diverse lineup of models from Škoda’s India and global portfolio. Highlights include the newly launched Škoda Kylaq, Kushaq, the all-new Kodiaq and Superb, the exhilarating Octavia vRS, the latest EV Elroq, and the futuristic Vision 7S concept.

Škoda Auto India welcomes fans to experience its exciting blend of European design, future-ready technology, and sustainable mobility solutions at the Bharat Mobility Global Expo 2025. With a showcase that caters to every kind of car enthusiast, from luxury seekers to EV pioneers, the brand is ready to set the stage for the future of mobility.