Author: Neel Achary

SkyJumper Expands Footprint with 2 New Indoor Amusement Parks in Maharashtra and Punjab; Aims to Launch 10+ Parks by End of 2025

May 2025, India: SkyJumper Sports and Amusements Private Limited, a homegrown brand rooted in the ‘Make in India’ vision, has strengthened its national footprint with the launch of 2 new indoor amusement parks in Ambernath, Maharashtra, and Bathinda, Punjab. With 20 operational family entertainment centers across India, the company now aims to open 10+ additional parks by the end of 2025.

The new centers represent a combined investment of ₹7 crore. The Ambernath Park, developed with an investment of ₹3 crore, spans 10,000 sq. ft. at Master Business Center, K.B. Road, Ambernath West. Designed to attract 15,000 visitors monthly, it is expected to generate 15 to 20 local job opportunities. The key attractions include a trampoline arena, a laser tag arena, a soft play area, a Sky Lounge Café, and a party room, suitable for visitors aged 3 and above.

Similarly, the Bathinda Park, built with an investment of ₹4 crore, also covers 10,000 sq. ft. and is located at Mittal City Mall, Goniana Road, opposite Rose Garden Road, Bathinda. With a projected footfall of 20,000 visitors per month, it too is expected to create similar jobs locally.

The Bathinda Park features a Sky Verve trampoline arena, laser tag, soft play, a dynamic arcade zone, the Sky Lounge Café, and a party room, offering a full-spectrum entertainment experience for all age groups above 3 years, with no upper age or weight restrictions.

Commenting on the expansion, Mr. Suneel Dhar [Co-Founder, SkyJumper Sports and Amusements Pvt. Ltd., said, “We are thrilled to unveil our two brand-new indoor amusement parks in two strategic locations. Reaching 20 operational parks is a major milestone for SkyJumper, and we are now focused on accelerating our growth to launch 10+ new parks by the end of 2025.”

“Exciting times lie ahead as we diversify into new formats, including SkyLuxe, a premium entertainment experience; Curious Kids (Earn Your Fun), an edutainment concept; and the SkyJumper Sports Bar for adults. SkyJumper is no longer just about adventure; it’s a complete destination for family outings, birthday parties, school trips, corporate events, and social celebrations. We remain committed to providing safe, high-quality entertainment for all age groups,” added Mr. Jitender Chhabra, Co-Founder, SkyJumper Sports and Amusements Pvt. Ltd

Imarticus Learning launches Financial Risk Manager (FRM) program with pass assurance for aspiring finance and risk management professionals

Mumbai, 06th May 2025: Imarticus Learning, one of India’s leading professional education companies, has introduced the Financial Risk Manager (FRM) Program, to equip finance professionals and aspiring risk managers with skills like risk assessment, financial markets, and risk modeling. The program covers the FRM syllabus laid out by the Global Association of Risk Professionals (GARP) to prepare them for FRM, part I and II exams.

With risk management becoming a top priority for financial institutions, GARP’s FRM certification is globally acknowledged to provide a competitive edge for the professionals in the financial sector. As per recent data, the global spending on risk management technology in financial services is projected to reach $148 billion by 2026, up from $109.8 billion in 2023, reflecting a 10.5% compound annual growth rate.

Imarticus Learning has been approved by GARP and is now India’s first and only approved preparation partner for five global accounting and finance certifications: CMA USA, ACCA UK, CPA USA, CFA & FRM. Through Imarticus Learning’s FRM course, learners will gain deep industry insights and practical expertise, making them highly sought after in banking, consulting, fintech, and financial services. Taught by highly experienced industry professionals, it combines comprehensive learning alongside flexibility, making it suitable for working professionals who want to advance their careers in risk management.

The industry-aligned program is led by seasoned finance professionals and veterans who bring in real-world insights into risk management. Designed for working professionals, the program will offer live, instructor-led online sessions, allowing upskilling without career disruptions. Learners will benefit from a career bootcamp featuring career coaching, resume-building, and interview preparation, networking opportunities, along with mentorship from industry experts. To enhance exam readiness, the program includes exhaustive mock tests, doubt-clearing sessions, and GARP-approved study materials. What sets this program apart is Imarticus Learning’s unique Pass Assurance—designed to support learners until they pass.

Nikhil Barshikar, Founder & CEO, Imarticus Learning said “In an increasingly complex financial landscape, there is a growing need for skilled risk management professionals globally. Our FRM program will address this through its robust training module, industry mentorship and career support, ensuring the learners are not only exam-ready, but more importantly, job-ready. The program will add to Imarticus Learning’s comprehensive portfolio of finance certifications”

By establishing a strong base in quantitative analysis, financial markets, and risk modeling, the FRM program will provide learners with the opportunity to advance their careers and prepare them for high-demand roles such as Risk Analyst, Credit Risk Specialist and Market Risk Analyst. The program will help learners access lucrative career opportunities in banking, financial services, consulting, and fintech, while addressing financial risk management skills gap.

Sattva Sukun Posts 74.5% Q4 Profit Jump, Unveils Rs48 Cr Rights Issue

Mumbai, 06 May 2025: Sattva Sukun Lifecare Limited, a leading manufacturer of aroma and home décor products, has announced its financial results for the Fourth Quarter and Twelve Months ended 31st March 2025.

For the quarter ended 31st March 2025, the company’s Net Profit increased by 74.5% to ₹84.22 Lakhs as compared to ₹48.19 Lakhs in the corresponding period last year. Revenue from Operations for the Quarter ended 31st March 2025 increased by 6% to ₹105.16 Lakhs as compared to ₹99.23 Lakhs in the corresponding period last year.

For the Twelve months ended 31st March 2025, the company’s Net Profit increased by 108.9% to

₹248.94 Lakhs as compared to ₹119.04Lakhs in the corresponding period last year. Revenue from Operations for the Twelve Months ended 31st March 2025 increased by 48.1% to ₹526.30 Lakhs as compared to ₹355.33 Lakhs in the corresponding period last year.

“The company’s success is driven by a combination of innovation-led product development, investments in manufacturing capabilities, and an expanding consumer base, reinforcing its trajectory toward sustainable long-term growth. This strong performance further validates Sattva Sukun’s commitment to excellence, adaptability to market trends, and a key player in the industry,” said Mr. MIT Tarunkumar Brahmbhatt Managing Director of Sattva Sukun Lifecare Limited.

In addition to its strong operational performance, Sattva Sukun Lifecare Limited has finalized the terms of its Rights Issue, initially approved in January 2025. The company aims to raise ₹48 crore by offering 48 crore equity shares with a face value of ₹1 each at ₹1 per share. Shareholders will be entitled to subscribe to 5 new shares for every 2 shares held as of the record date, set for Friday, 09 May 2025.

The Rights Issue will open on Friday, 28 May 2025, with the last date for market renunciation on Monday, 06 June 2025, and is scheduled to close on Thursday, 11 June 2025 (subject to extension, though not exceeding 30 days from the opening date). If fully subscribed, the company’s outstanding shares will increase to 67.2 crore, strengthening its capital base to support future growth initiatives and strategic investments.

The consistent and robust financial performance of Sattva Sukun over the past several quarters stand as a testament to the company’s strategic vision, operational excellence, and strong market positioning. With steady revenue growth, increasing profitability, and a rising demand for its premium aroma and home décor products, the company has demonstrated its ability to scale operations while maintaining high-quality standards.

itel Launches Alpha 2 Pro Smartwatch with IP68 Water Resistance and Radiant 1000 Nits Brightness

National May 06th, 2025: itel has unveiled its latest smartwatch, the Alpha 2 Pro—an impressive fusion of functionality, durability, and immersive visuals. Built to withstand the elements, it boasts an impressive IP68 rating for water and dust resistance, delivering dependable performance even in the toughest conditions. With a standout 1.96” AMOLED display, high-resolution clarity of 466 x 466 pixels, and 1000 nits brightness, the Alpha 2 Pro ensures a vivid and vibrant display even under direct sunlight. It delivers sharper text and images, improved colour accuracy, and reduced eyestrain in bright settings, making it an excellent choice for outdoor use.

Designed for both style and performance, the Alpha 2 Pro comes with an Always-On Display feature and a premium metallic build, offering users a seamless blend of design and practicality. Engineered for endurance, the device boasts an IP68 rating for water and dust resistance, delivering rugged durability and reliable outdoor performance—perfectly suited for everyday wear and the demands of active, adventurous lifestyles.

Commenting on the launch, Mr. Arijeet Talapatra CEO of itel India, said, ” At itel, we are dedicated to making smart technology accessible to all by providing products that offer true value without compromise. Crafted to exceed expectations of consumers, this Alpha 2 Pro smartwatch reinforces our commitment of providing products with unmatched level of durability and sleek design typically seen in premium devices. As we look to the future, our vision is to create a seamless ecosystem of connected smart devices that not only meet the evolving demands of consumers but also remain affordable and reliable.”

Powered by the single-chip Bluetooth calling technology, it is designed to make communication effortless with features like incoming call alerts, recent call access, and a built-in dial pad – ensuring effortless connectivity. Perfectly tailored for travel and adventure enthusiasts, this premium smartwatch ensures uninterrupted connectivity on the go – elevating lifestyles with a seamless blend of sophistication, performance, and smart functionality.

American Tourister Launches Vibrant New Campaign “Everyone’s In” Featuring a Peppy Anthem with Ananya Panday and Siddhant Chaturvedi

Mumbai, May, 2025: American Tourister, one of the most fun and vibrant travel gear brands under the Samsonite portfolio, is setting the tone for the travel season with its energetic and inclusive new campaign ‘Everyone’s In’. Thecampaign celebrates the spirit of today’s youth, who see a great life as one enriched by new experiences and meaningful connections, where every journey is more rewarding in an open, inclusive world. Anchored by a vibrant, feel-good campaign song in collaboration with Sony Music, the campaign aims to resonate with young, socially connected travellers who are all about exploring, vibing, and creating memories with new friends.

The highlight of the campaign is a 2-minute original track that brings together the charisma and chemistry of celebrities Siddhant Chaturvedi and Ananya Panday. Sung by the soulful Jonita Gandhi and Siddhant himself, the track is an outdoorsy, foot-tapping number that mirrors the carefree and adventurous spirit of a road trip where strangers become friends. Set against scenic outdoor backdrops and brimming with stylish visuals, the music video captures Siddhant and Ananya vibing together, exuding that spontaneous “let’s hit the road” energy. The campaign’s film edit, a punchy 20 sec edit will be used for IPL whereas a 30 second version will appear on digital channels giving audiences a quick dose of wanderlust and style.

The collaboration with Sony Music adds a unique edge to the campaign, blending pop culture with a travel-forward message. With a tune that’s instantly catchy and visuals that feel like your dream getaway, “Everyone’s In” speaks to the spirit of today’s youth: spontaneous, social, and always ready to explore.

Anushree Tainwala, Vice President – Marketing, Samsonite South Asia said “Travel today is more than just the destination, it’s about the experiences, the people you meet, and the memories you create along the way. With Everyone’s In, we’re celebrating this shift in mindset. Our campaign is all about inclusivity, spontaneity, and youthful energy. The song reflects the same spirit that our travel gear stands for- stylish, reliable, and ready for every kind of adventure, whether it’s a weekend road trip or a spontaneous getaway. By partnering with Sony Music and tapping into talents like Siddhant and Ananya, we’re speaking the language of Gen Z and young millennials.”

Raj Kamble, Founder & Chief Creative Officer at Famous Innovations, speaking on the campaign commented “With ‘Everyone’s In,’ we wanted to spark a new wave of energy that feels current, social, and unapologetically fun. The aim was to capture that spark of spontaneity with a fresh music-driven narrative, when you say yes to the unknown and meet new people. American Tourister gave us the perfect canvas to blend youthfulness with storytelling. This campaign is about making memories, not just travel plans, and everyone is invited!”

Alongside the anthem, American Tourister is upping the fun with engaging social media activations designed to bring strangers together and spark real-life connections. In line are also unique collaborations with influencers and actors Rohit Saraf, Taaruk Raina, Ahsaas Channa and Abhinav Sharma. From The AT Mix-Up Table to the AT Lucky Seat Challenge, fans can interact in exciting ways at multiple SOCIAL venues. Whether it’s sitting with strangers for a chance to win or switching seats mid-match to unlock surprise rewards, the activities are tailored to mirror the vibe of the campaign, breaking the ice and bringing everyone in.

Kissandhan Achieves Rs3,000 Crore+ Loan Disbursal Milestone – Empowering 7,00,000+ Indian Farmers

New Delhi, May 6, 2025: Kissandhan, a multi-asset NBFC for farmers and a wholly owned subsidiary of Sohan Lal Commodity Management Ltd. (SLCM), has marked a significant milestone by disbursing total loans worth over ₹3,244.22 crore. The company’s strategic focus on technology-led, inclusive Agri-financing has empowered 7,11,277 lakh farmers across India, deepening its footprint in the rural economy and strengthening last-mile credit access.

 Operating across 14+ states, Kissandhan continues to scale its operations, offering a wide range of Agri-credit solutions with an objective of providing ‘Financial Inclusion’ through easier and customized financing solutions to farmers, FPOs, Traders and SMEs. The company has facilitated cumulative disbursements of ₹2,539.75 crore under its commodity-based finance model against 49,976 storage receipts, underscoring its leadership in warehouse receipt financing.

 Till date, Kissandhan’s overall clientele base expanded to 37,642, encompassing Agri traders, Farmer Producer Organizations (FPOs), women beneficiaries, farmers, and other stakeholders, reinforcing its strong focus on financial inclusion.

 A notable highlight was the sharp rise in women loan beneficiaries, with 37,185 women supported during this time. The average loan ticket size for these beneficiaries stood at ₹43,317, reflecting Kissandhan’s dedication to providing need-based, Small-ticket credit aimed at enhancing the social and economic empowerment of women in rural India. Furthering its commitment to uplift Farmer Producer Organisations (FPOs), Kissandhan has extended its services to 125 FPOs and empowered more than 84,000 small & marginal farmers and their families, enabling better access to credit and improving collective bargaining power in the Agri value chain.

Kissandhan has recently added ‘Jan Samridhi’, a Micro Loan Against Property (LAP) in their product portfolio, and it has already facilitated loans worth ₹1.13 crore, signaling a promising start to a focused program aimed at increasing grassroots financial empowerment.

 Commenting on the achievement, Sandeep Sabharwal, Group CEO, SLCM Group, expressed,
“Our vision at SLCM has always been to create a resilient and integrated post-harvest Agri logistics platform. It’s a matter of pride for us that Kissandhan is taking that vision further by bringing financial inclusion at the grassroots level. By leveraging technology and fostering strategic collaborations, Kissandhan is not just disbursing loans, it’s sowing the seeds of empowerment for our farmers, strengthening the rural economy, and contributing to the nation’s food security.”

 He further added, “We are truly delighted to have crossed the ₹3,000 crore loan disbursal milestone, which stands as a testament to our unwavering commitment to empowering agricultural communities. Each loan is more than just a financial transaction — it’s an opportunity to transform a life, uplift a family, and support sustainable rural development across the country.”

 Meanwhile, CEO of Kissandhan, Gurinder Singh Sehmbey, added, “Kissandhan’s growth is a testament to our continued focus on inclusive, tech-enabled and customized financial solutions for India’s Agri community. Our aim has always been to ensure that credit is not a privilege, but a right for every farmer, irrespective of geography or gender. We are proud of the trust reposed in us by our clients and farmers, and we will continue to innovate and expand responsibly to serve Bharat’s agri-finance needs and deepen our impact across the agricultural value chain.”

FinX announces strategic acquisition of BSE Institute expanding footprint in BFSI & new age technology skilling and training ecosystem

Mumbai, 06 May, 2025: In a strategic and value accretive move that will redefine the future of skilling in India, FinX, a fast-growing player in the BFSI skilling and training space, today announced the acquisition of BSE Institute, one of the most established and respected training institutes in the industry. This acquisition adds significant synergies in terms of enhanced product portfolio, client relationships, training infrastructure & new business opportunities.

This acquisition marks a major milestone in FinX’s mission to close the widening skill gap and equip millions of learners for the jobs of tomorrow. It creates a powerful platform that combines BFSI expertise with the fast-growing fields of cybersecurity, data science, and IT training, paving the way for FinX to expand into high-demand IT sectors while further strengthening its leadership in the BFSI space.

Over the next few years, FinX aims to reach more than 1 lakh learners annually through joint degree programmes with universities, industry-recognised certifications, and short-term courses embedded within college curricula. Through its proprietary Education & Employment Exchange, the platform already partners with 70+ BFSI companies to enable hiring for roles in relationship management, equity dealing, customer service, operations, and business development.

Himanshu Vyapak, CEO of FinX

“We are not just building a company- we are building a movement. This acquisition is about speed, scale and impact. By combining forces with BSE Institute, we are taking a giant step forward in solving one of India’s biggest challenges, the skill gap in financial services. With this enhanced product portfolio, FinX will provide a comprehensive suite of programs to address the evolving needs of both financial services and technology sectors, offering cutting-edge training solutions for the next-generation workforce.”

Sundararaman Ramamurthy, MD & CEO of BSE

“The stake sale of BSE Institute aligns with BSE’s strategic vision to concentrate on our core Operations. We are confident that Finx, with their strategic long-term vision, will complement and enhance the 30 year legacy of BSE institute”

In the last three months, FinX has expanded to nine key non-metro locations including Bhubaneswar, Patna, Coimbatore, and Jaipur with plans to reach over 20 cities in the coming months. The acquisition also ensures continuity for BSE Institute’s entire team, who will continue contributing their deep expertise in both financial services and IT skills. By combining these complementary strengths, the unified entity will be well-positioned to address the skills gaps not only in BFSI but also in the tech sector, empowering millions of learners and professionals to stay ahead in today’s rapidly evolving digital economy.

Vikram Solar and KKR Hit Big for the Planet: Every Sunny Six Now Powering Homes in India

Kolkata, 6th May, 2025: Vikram Solar Limited, one of India’s leading solar photovoltaic (“PV”) module manufacturers, is taking its role as KKR’s official Clean Energy Advocate to new heights, blending technology with a strong sense of social responsibility. Leveraging the cricket season’s excitement, for every 6 sixes hit by KKR players this season, the company will directly contribute to the solarization of homes across the country, marking an ambitious step forward in the drive for renewable energy and community empowerment. The beneficiaries of this initiative are being selected through a contest hosted on Vikram Solar’s social media platforms.

At the heart of all initiatives is a deeply rooted connection to both environmental sustainability and the community. Vikram Solar’s eco-conscious efforts extend beyond the cricket field. The company recently executed a tree-planting initiative at its Falta facility in West Bengal. In a heartfelt tribute to the spirit and contribution of each KKR player, twenty-four children — the ‘Sunshine Ambassadors’ aged 6 to 12 — planted saplings in their honour. This green gesture stands as a symbol of admiration, gratitude, and a shared commitment to a sustainable future.

At a recent event, these young participants had the opportunity to meet the players and present them with a special certificate. Each certificate featured a unique QR code, which will enable individual Knight Riders to track the growth and impact of their trees. This interactive, tech-enabled feature reflects a modern, forward-thinking approach to sustainability—fostering a real-time, personal connection to the environment.

Gyanesh Chaudhary, Chairman and Managing Director of Vikram Solar, said “These initiatives are about creating a ripple effect that extend far beyond the cricket season. They are about driving change in how we approach energy and the environment. By enabling people to directly engage with the environmental initiatives, Vikram Solar is building a bridge between the virtual and real world, pushing the boundaries of traditional sustainability efforts.

Our vision is of a solar powered nation. Through these efforts we aim to not only change the way people think about energy but also give back to communities in a way that is impactful, inclusive, and future-forward. As Vikram Solar continues to innovate and lead by example, our efforts stand as a testament to the power of collaboration, technology, and community in shaping a brighter, more sustainable future.”

Mr. Venky Mysore, CEO of Kolkata Knight Riders, said “Cricket has always been more than just a game for us at KKR – it’s about creating positive impact beyond the boundaries. Our partnership with Vikram Solar represents our shared vision of a sustainable future, where sixes hit by our players now power homes across India. The tree planting initiative involving young Sunshine Ambassadors beautifully connects our players with environmental stewardship. We’re proud to collaborate on these innovative efforts that harness the popularity of cricket to drive meaningful environmental and social change.”

Radisson Hotel Group strengthens its presence in East India with the signing of Radisson Blu Hotel, Siliguri

Aligned with its ambitious expansion plans in Eastern India, Radisson Hotel Group has announced the signing of Radisson Blu Hotel, Siliguri. This signing marks a significant milestone in the Group’s commitment to enhancing its presence at emerging destinations. This will be the Group’s first Radisson Blu hotel and second property in the city, offering an upper upscale hospitality experience to guests. Strategically located on National Highway-10, one of Siliguri’s most prominent arterial roads, the hotel will cater to Siliguri’s growing base of leisure, business, MICE, and wedding travelers.

Set to become a new hospitality landmark, the hotel will offer 105 elegantly designed guest rooms and suites, blending modern aesthetics with the trusted Radisson Blu experience. Guests will be able to indulge in curated culinary offerings in an all-day dining restaurant and a stylish bar. The hotel will also offer exceptional wellness amenities, including a state-of-the-art gym, pool with terrace and spa facilities. With expansive banqueting spaces, including a spacious ballroom and multiple meeting rooms, the hotel will be positioned as a preferred destination for large weddings, conferences and social events in Siliguri.

“Radisson Blu Hotel, Siliguri, will be RHG’s second property in the city and we are thrilled to introduce the Radisson Blu brand in Siliguri, the city serving as a vital gateway to Northeast India and neighboring countries. With the signing of this hotel, we are reinforcing our commitment to offering high-quality hospitality experience in key emerging markets across the country. This signing strengthens our presence in West Bengal,” said Nikhil Sharma, Managing Director and COO, South Asia, Radisson Hotel Group.

Siliguri’s unique location at the crossroads of India, Nepal, Bhutan and Bangladesh has made it an economic and logistical hub. The hotel’s proximity to Bagdogra International Airport, New Jalpaiguri Railway Station and major commercial centers such as Webel IT Park Siliguri and City Centre Matigara, ensures seamless access for both domestic and international travelers. Its accessibility and excellent visibility along NH-10 further makes it an ideal choice for transient travelers and destination weddings.

The city is situated near the Siliguri Corridor, a narrow stretch of land that connects India’s northeastern states to the rest of the country, underscoring its geopolitical significance. Nestled in the foothills of the Eastern Himalayas, Siliguri offers picturesque views and serves as a base for tourists heading to hill stations like Darjeeling, Kalimpong and Gangtok.

“This signing marks another step in Radisson Hotel Group’s growth strategy across India’s emerging cities with high tourism, logistics, and business potential. Siliguri’s rising prominence as a trade corridor and regional economic driver makes it a natural fit for our expansion. Radisson Blu Hotel, Siliguri is envisioned to deliver a globally consistent yet locally resonant experience in an evolving market,” said Davashish Srivastava, Senior Director, Development, South Asia, Radisson Hotel Group.

“We are delighted to collaborate with Radisson Hotel Group for our second hotel project in the state. With the signing of Radisson Blu Hotel, Siliguri, our vision is to bring a world-class hospitality experience that aligns with the city’s growing aspirations. This hotel is set to redefine standards in luxury and service, becoming a defining landmark for years to come,” said Sushil Agarwal, Managing Partner, SKA Lumina Developers.

Radisson Hotel Group continues to command a leading presence in the Indian market and is one of the country’s largest international hotel operators. It continues to be the largest hotel operator in metros like Delhi NCR, while providing dominant presence in domestic markets across the country. RHG has successfully introduced various brands to the growing Indian market, including Radisson Collection, Radisson Blu, Radisson, Radisson RED, Park Inn by Radisson, Park Plaza, Park Inn & Suites by Radisson and Radisson Individuals and its extension Radisson Individuals Retreats.