11, Aug 2023
Shipyaari joins ONDC network; brings direct and seamless access to 29000+ pin codes to the sellers
India, August 11, 2023 – Shipyaari, a leading logistics and e-commerce solutions provider, is excited to announce its collaboration with ONDC (Open Network for Digital Commerce), a pioneering initiative to foster an open and inclusive digital commerce ecosystem. By joining the ONDC network, Shipyaari aims to empower sellers, regional courier partners, and consumers with its hyperlocal and inter-city logistics services, furthering its mission to bring Bharat closer. The company simultaneously is looking at catering to approximately 25,000 new sellers with its services.
The integration will enable sellers gain access to Shipyaari’s extensive coverage of 29,000+ Indian pin codes. Shipyaari firmly believes in ONDC’s vision and is proud to be a part of it in creating a digitally empowered commerce ecosystem. As an active participant in the ONDC network, Shipyaari will extend its support to other e-commerce sellers and brands, helping them seamlessly integrate with the ONDC protocol.
T Koshy, MD and CEO at ONDC said, “We extend a warm welcome to Shipyaari and are eager to work together in driving the growth and democratization of digital commerce in India. Shipyaari’s expertise in inter-city logistics services further strengthens our commitment to providing efficient and reliable shipment delivery for sellers and consumers. We are excited about the possibilities that lie ahead with Shipyaari on board.”
Nayan Ratandhayara, Co-Founder & CEO of Shipyaari expressed enthusiasm about the collaboration, stating, “We are excited to be a part of this incredible initiative by the government that enables small businesses across India reach larger audiences using digital services. This aligns perfectly with Shipyaari’s ethos of bringing Bharat closer and democratizing digital commerce in India. We are committed to providing exceptional logistics services to sellers and consumers, enabling seamless transactions and ensuring efficient delivery of shipments”.
Vishal Totla, Co-Founder & COO of Shipyaari talking about how ONDC is a major leap for digital commerce in India in terms of creating an efficient, competitive, and consumer-centric marketplace, added, “ONDC brings together sellers, buyers, and enablers under standardized SOPs, leading to lower prices, wider selection, and better customer service. Open to all businesses, big and small, ONDC fosters inclusivity and equal opportunities in the digital economy. To help sellers win with ONDC, we have set up a dedicated 15 members cross functional team initially that would be working in an integrated fashion to ensure customer success.”
ONDC offers a multitude of benefits for sellers, consumers, and service providers alike. Sellers gain access to a larger network of potential customers, enhancing their visibility and business growth. With streamlined and secure transaction processes, sellers can efficiently manage payments and complete transactions hassle-free. Consumers enjoy the convenience of accessing a wide range of sellers and products across categories on ONDC-enabled buyer apps. Additionally, price transparency empowers buyers to make informed decisions, and convenient payment options further enhance the overall shopping experience.
As an important service provider on the ONDC network, Shipyaari will play a crucial role in ensuring timely and reliable delivery of shipments for sellers and consumers. By democratizing the online market and adopting a protocol-centric model, ONDC provides a level playing field for all buyers, sellers, and logistics service providers, regardless of their size or scale.
Shipyaari aims to create an empowered ecosystem by supporting regional and ground-level courier partners on ONDC, fostering growth and equal opportunities for all players in the industry.
As Shipyaari embarks on this exciting journey with ONDC, the company remains focused on its objective of supporting entrepreneurs and businesses across India and success for them would mean processing a million shipments monthly for ONDC, at the earliest. Through this association, Shipyaari aims to contribute to the growth trajectory of both the company and the digital commerce ecosystem, taking it to unprecedented heights.
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- By Rabindra
11, Aug 2023
Innovate, Elevate, Accelerate: ET Soonicorns Summit 2023 Ushers in Startup Transformation
New Delhi, August 11, 2023: In a bid to shape India’s technological landscape, the Economic Times is all set to host the second edition of the ET Soonicorns Summit 2023 in hybrid mode in Bengaluru (August 26) and Delhi-NCR (November 25). This unique startup-tech initiative, which celebrates India’s future unicorns, seeks to chart new frontiers of growth, empower entrepreneurs, and catalyze the rise of a more resilient startup-tech innovation economy.
Themed “Resilience. Reset. Results,” the summit serves as an illuminating platform that unites pivotal stakeholders and decision-makers of the Indian tech-startup realm. The event’s aim is to foster conversations, ignite connections, and facilitate collaborations, with a special focus on those from Bharat, that will empower entrepreneurs to adeptly navigate the ever-fluctuating market conditions and foster sustainable, scalable businesses poised for the future. Esteemed thought leaders, pioneers, and luminaries within the startup-tech domain will grace this event, sharing their visionary insights that have the potential to reshape industries.
“The ET Soonicorns Summit 2023 is a testament to our commitment to India’s innovation-driven journey. It serves as a nexus where innovation converges with resilience to propel the nation toward its Techade vision,” said Sanjeev Kumar, Business Head, ET.
The first edition of the two-day-long ET Soonicorns Summit 2022 featured over 50+ speakers, including policy makers, top entrepreneurs, investors and other stakeholders across 25+ sessions and over six sector-focused tracks: healthtech, Web3, Software as a Service (SaaS), gametech, fintech, and agritech.
11, Aug 2023
Legend Siroya Realtors: Redefining Real Estate with a Legacy of Growth and Innovation
India, 11 August 2023 – Legend Siroya Realtors, a leading real estate development company in India, proudly reflects on its extraordinary journey of growth and innovation under the visionary leadership of Founder and CEO, Shrenik Siroya. Over the years, Legend Siroya Realtors has transformed into a prominent player in the real estate landscape, achieving significant milestones and expansion in clientele, cementing its position as a trusted name in luxury residential and commercial spaces.
Shrenik Siroya, Founder and CEO of Legend Siroya Realtors, said, “Our journey from humble beginnings to the magnificent heights we have reached today has been nothing short of extraordinary. With unwavering dedication and a commitment to excellence, we have grown exponentially, expanding our clientele and creating spaces that redefine luxury living. We take immense pride in our client-centric approach, building not just structures but relationships that stand the test of time. As we look to the future, our vision remains steadfast – to continue pushing the boundaries of innovation and sustainability, leaving a legacy of growth and progress in the real estate landscape.”
A Journey of Resilience and Innovation
The Legend Siroya journey began in the 1960s as Class A contractors in the Gulf, where they executed diverse projects, including roads, bridges, commercial offices, and residential apartments. In 1988, a pivotal moment arrived when Shrenik Siroya ventured into real estate development by spearheading the construction of a standalone building in Goregaon, Mumbai. Leveraging their extensive experience in contracting, Legend Siroya swiftly established a trustworthy base of investors who have remained steadfast throughout their entrepreneurial expedition.
Revolutionizing the Mumbai Skyline
One of Legend Siroya’s proudest accomplishments has been its unwavering dedication to the redevelopment of slums and buildings in the bustling city of Mumbai. Their initiatives have not only contributed to the overall development of the city but have also enhanced the quality of life for its residents. Over the years, Legend Siroya has diversified its real estate portfolio, undertaking various development projects that have redefined the Mumbai skyline.
Continued Clientele Expansion
Driven by unwavering commitment and unmatched expertise, Legend Siroya Realtors has experienced continuous growth in its clientele. Building on a legacy of trust and customer satisfaction, Legend Siroya Realtors has become the preferred choice for discerning homebuyers and investors alike.
Building Affordability with Innovation
To address the needs of the market, Legend Siroya has adopted an asset-light model, keeping debt at bay and prioritizing redevelopment projects where capital investment is more manageable. Additionally, the company follows an investor-based model to fund new projects, providing affordable housing solutions within the city limits of Mumbai. To achieve even greater affordability, Legend Siroya has implemented a self-contracting approach for its projects, ensuring cost-effective construction and lower sale prices without compromising on quality.
Client-Centric Approach
At the heart of Legend Siroya’s success lies its client-centric philosophy. The company places great importance on understanding the requirements of its clients, offering transparent dealings, and prioritizing timely possession. The firm’s focus on construction quality and customer satisfaction has earned them a reputation as a trusted and reliable real estate developer in Mumbai.
Embracing Sustainability
In addition to their dedication to customer satisfaction, Legend Siroya is committed to integrating sustainability and environmentally-friendly design practices into their projects.By using eco-conscious materials, energy-efficient technologies, and waste reduction measures, the company strives to minimize its environmental impact and create a greener, more sustainable urban landscape.
Unmatched Growth in Construction
In just a few years, Legend Siroya Realtors has seen unparalleled growth in construction projects, from 4.5 lakh sqft under construction in 2020 to having 7.5 lakh sqft under construction in 2023 and a total of over 25 lakh sqft under construction by 2025. This remarkable expansion is a testament to their commitment to excellence and meeting the demands of a dynamic real estate market.
A Vision for the Future
As a prominent figure in the real estate industry, Shrenik Siroya envisions continuing to create innovative developmental projects that contribute to homes and neighborhoods with a positive impact on the overall community. Legend Siroya Realtors will continue to be at the forefront of shaping the real estate development landscape in Mumbai and beyond.
11, Aug 2023
ICHKAN- a one-stop destination for stylish and sustainable Home decor essentials
New Delhi, August 2023: Embark on a journey of design excellence with ICHKAN, a design-focused homeware brand that meticulously defines elegance and innovation. ICHKAN presents a captivating fusion of traditional Indian design and modern aesthetics, crafting a world where each creation is an embodiment of handcraftsmanship reflecting exceptional artistry and craftsmanship, a realm where impeccable designs, unmatched quality, exclusivity, and affordability coexist seamlessly.
Speaking about the brand, Apoorva Chaturvedi, Co-Founder, and Design Head ICHKAN, said, “ICHKAN as a brand presents a blend of innovation, luxury, and Elegance in the products. With our unwavering commitment to setting new benchmarks in the world of luxury, we have captured the essence of modern sophistication, offering a unique experience that transcends boundaries to our customers. Every product work exemplifies a harmonic combination of heritage and innovation, from avant-garde designs to cutting-edge technology integrations”.
Founded in 2018, the brand known for its innovative spirit regularly introduces revolutionary inventions that challenge conventional standards by pushing the frontiers of creativity. Every product work exemplifies a harmonic combination of heritage and innovation, from avant-garde designs to cutting-edge technology integrations. The USP of the brand lies in its unparalleled blend of traditional Indian design sensibilities and contemporary aesthetics. Every piece is an ode to artistry, meticulously handcrafted to redefine homeware and elevate everyday living. From the vibrant essence of Indian heritage to the sleek lines of modern design, ICHKAN’s collection offers a harmonious balance that is as captivating as it is functional.
ICHKAN’s extensive product line includes Tableware, Dining, and Drinkware, Serve ware, Bathroom Accessories, and Storage & Organizers. The highlight product of the brand is Leatherette Tableware, which ranges from Rs.700 to Rs.4000.The crockery set is available in different compositions of several pieces from 21 pcs to 39 pcs and includes a price range of Rs.18000 to Rs.6500. Also, the ICHKAN X Dankotuwa dinner set offers a taste of our culture and craft.
11, Aug 2023
Unique sustainability modules of Blue Nudge to reach over 5000 schools in 5 years
New Delhi 11 August, 2023: Having already collaborated with more than 1000 schools across the country in less than two years, the unique need-based modules of Education to Action platform, Blue Nudge, is targeting to extend its reach to 5000+ schools in five years, covering all states of India. The strategy of the Blue Nudge module revolves around combining storytelling with real-life actions. By reflecting on current scenarios and implementing tangible measures, the company eyes to create an impactful learning experience that inspire individuals to take action for positive change in waste management and environmental sustainability.
“Within a short span of time, our sustainability modules have witnessed a positive response from schools and parents who eagerly embrace our platform. There is a clear demand for promoting waste management and environmental sustainability in education. Going forward, we anticipate our modules will foster a sense of environmental responsibility and empower a proactive generation to address waste management challenges and build a sustainable future,” noted Co-founder and CEO of Blue Nudge, Harsh Mehrotra.
Blue Nudge embarked on the mission to integrate sustainability with the academic curriculum, and the organization’s collaborations with educational institutions have had a profound impact on inspiring young minds to become change-makers for a sustainable future. Blue Nudge has also partnered with the Department of Education, Government of NCT of Delhi, to implement a waste management drive in over 1000 government schools.
Furthermore, the Central Board of Secondary Education (CBSE) issued a circular for Delhi/NCR, endorsing Blue Nudge’s approach and further spreading the message of environmental responsibility among the student community. Blue Nudge’s strategic collaboration with the Delhi – S&T Cluster of PSA, facilitated the company to extend its drive to colleges affiliated with Delhi University, reaching even more students and empowering them to actively participate in waste management efforts. Collectively, these collaborations resulted in the collection of over 50+ tonnes of dry waste, including paper and plastic, and played a pivotal role in inspiring a new generation of environmentally-conscious individuals.
Highlighting the impacts of Blue Nudge’s sustainability modules, Mr Mehrotra mentioned, “A tangible measure of success is seen in students actively participating in the process of bringing dry waste back to school, which is then up-cycled into school benches and donated to government schools. While behavior change is a long-term process, we take pride in the efforts made by both students and parents in contributing to waste management, showcasing their growing awareness and commitment to creating a sustainable future.”
As a part of Blue Nudge’s sustainability programs, over 5,00,000 students started practicing source segregation at home and brought segregated waste in the form of plastic and paper into school. Blue Nudge’s immersive dedication to the waste management field was also recognized by NITI Aayog, as they selected its initiative as one of the top 75 ideas under their Mission Life. This recognition further validates the company’s commitment to fostering a climate-conscious society. Notably, Blue Nudge also expanded its drive to include prominent forces like the National Security Guard (NSG) and the Central Industrial Security Force (CISF).
11, Aug 2023
55-day-long recitation of the Mahashivpuran begins at the grand Shiv Darbar
Chhatarpur, New Delhi, August 11 2023: In the divine presence of Shri Krishnagiri Parshva Padmavati Shaktipeethadhipati, the National Saint, Sarvadharma Divakar Dr. Shri Vasanta Vijay Ji Maharaj Saheb, preparations have been completed. It is likely to start from August 11th to October 5th, 2023, for a 55-day long celebration consisting of the Shiv Mahapuran recitation, Yagna (Ritual Offering), and the grand Rudrabhishek Mahotsav. During this 55-day-long festival, the installation and worship of 1.11 Crore earthly Shiva Lingams will also take place. As part of the grand Mahotsav held at the Markandeya Hall Chhatarpur Temple, arrangements have been made for a massive Bhandara for thousands of devotees every day.
During the 55-day-long Shiv Maha Anushthan (Ritual Observance), a special and auspicious devotional worship will take place from 9.00 AM to 12.00 PM. From 3.00 PM to 5.00 PM, there will be a blissful recitation of the Shiv Purana. In the evening, from 5.00 PM to 8.00 PM, a benevolent Mahayagna accompanied by divine chants will be conducted, and the Bhajan Sandhya (devotional song evening) will commence at 8.00 PM with a continuous flow of melodious hymns. The divine Shiv Darbar (Court of Lord Shiva) adorned at Chhatarpur Markandeya Hall will resound with the devotion of ardent Shiva devotees under the guidance of Sant Shri Vasanta Vijay Maharaj Ji. Listening to this spiritual gathering will enrich your life. Such a historically divine opportunity to witness and hear won’t come again in your lifetime.
11, Aug 2023
A Sunlit Sojourn: “The Summer Solstice” with Stronger Muscatel by Makaibari
India, August 2023 – As the sun reached its zenith, casting a golden glow over the world, the Summer Solstice brought with it a sense of vibrant energy and awakening. It was a momentous occasion, a time of harvest that symbolized a profound connection between humanity and the natural world. Celebrate it with the organic Summer Solstice Muscatel, a truly remarkable Darjeeling Second Flush Black Tea, a true Muscatel from the celebrated Makaibari Tea Estate. Harvested between the months of May and June, after April showers, with leaves that are more distinguished, refined, and have a well-rounded flavor.
This ancient tradition of the Summer Solstice held deep-rooted meaning for the Makaibari Tea Estate, as their tea plants responded to the shifting day length, yielding a harvest of unparalleled quality. Scientifically intriguing “photoperiodism” influenced the blooming and growth patterns of plants in response to changing day lengths during the Summer Solstice. Inspired by this splendor, Makaibari Tea poured their expertise and care into creating their new offering, capturing the essence of the Solstice in every sip. The careful hand-picking of the finest tea leaves during the second flush harvest gave birth to “The Summer Solstice with Strong Muscatel” – a tea that embodied the very essence of this auspicious time.
Throughout history, the Summer Solstice played a pivotal role in guiding agricultural activities, enabling farmers to determine the ideal moments for planting and harvesting crops. Even today, it remained a time of spiritual significance, igniting a profound connection between humanity and the life-giving power of the sun. The festivities during the Summer Solstice had deep-rooted traditions worldwide. At the heart of it all was the captivating essence of Makaibari’s second flush of tea harvest. Those carefully hand-picked tea leaves exuded a strong muscatel flavor, delighting the taste buds and leaving an unforgettable impression.
Makaibari invites connoisseurs and tea enthusiasts to immerse themselves in the rich heritage of tea and the Summer Solstice at the estate’s celebratory event.
Mr. Rudra Chatterjee, Managing Director, Luxmi Tea Group said “Makaibari Summer Solstice is harvested during the second flush, under the captivating allure of the summer solstice, with every sip, discerning connoisseurs will relish the unparalleled flavors and rich aromas that evoke the spirit of this unique harvest. Our commitment to quality and sustainability shines through in each cup, as we continue our legacy of offering tea enthusiasts an extraordinary experience that transcends time and taste “
Witness the agricultural abundance that has inspired generations and indulge in the luxurious experience of the “Summer Solstice.” decor and the centerpiece at The Makaibari flagship store in Kolkata are also inspired by this holy Summer Solstice and the beautiful Makaibari Estate.
Makaibari’s “Summer Solstice” is not just a tea; it is a celebration of nature’s cycles and the connection we share with the cosmos. Indulge in the finest flavors of the season and experience the magic that unfolds when tradition meets luxury.
11, Aug 2023
Irresistible Deals this Independence Day by Language
Are you a fan of premium leather products that exude elegance and sophistication? If yes, then get ready for the Language’s Independence Day Offer, where luxury meets affordability! Language, the renowned brand for exquisite handcrafted leather footwear and accessories, is here to upgrade your Independence Day celebrations and make them extra special.
Indulge in the luxury of premium leather without it being heavy on your pocket! Enjoy discounts of up to 50% on selected products from Language. This is your chance to add that perfect touch of style and comfort to your wardrobe at irresistible prices.
Step into the world of elegance with Language’s exclusive offer on selected women’s footwear. Get a flat 30% off on purchasing one pair and an incredible 50% off when you buy two pairs. Elevate your style with these finely crafted leather shoes, which are sure to make heads turn wherever you go.
To make the deal exciting, Language also offers a delightful surprise gift on purchases above Rs.10,000. Treat yourself and your loved ones to premium leather products and avail of exceptional offers during the Independence Day sale to maximise your joy. The offers start on the 11th of August and runs until the 15th of August. So Hurry, grab your favourite leather products at unbeatable prices, and make the most of these incredible offers before they’re gone!
Explore the collection at Language’s exclusive brand outlets at Nungambakkam Chennai, Express Avenue Chennai, Sarath City Mall Hyderabad, Lulu Global Mall Bengaluru, Lulu Mall Kochi, Pavilion Mall Ludhiana and HiLITE Mall Kozhikode. Language is also present in more than 250 multi-brand outlets across the country, at Viz., Metro Shoes, Mochi, Rocia, Delco, Inc.5, Centro, Atesber, Regal Shoes. You can also shop the collection online at www.languageshoes.com and on www.amazon.in
11, Aug 2023
MobiKwik becomes the First Indian Fintech to Post Profits
11th August 2023, Bengaluru: MobiKwik, leading digital banking platform, has recorded profitable growth in Q1 of FY23-24 with an adjusted EBITDA of INR 13.6 crores – 181% increase Y-o-Y. This is the second consecutive quarter when MobiKwik has registered a profitable growth. The company registered INR 177 crores in revenues in Q1 FY23-24, a growth of 68% in the corresponding quarter last fiscal and its contribution margin rose by 108% to INR 73.9 crores.
MobiKwik becomes the first fintech in the country to post PAT positive in Q1 of FY23-24 at INR 3 crores.
In Q4 FY 2022-23 MobiKwik generated 160 crores in revenue, a 38% contribution margin and recorded an adjusted EBITDA of INR 3 crores.
With a strong performance in FY 2022-23., the company is geared for a 2X growth in the fiscal year to an estimated INR 1100 cores in FY 2023-24. The company also projects to earn a net profit of INR 40 to 50 crores in FY 24 as per the current profitability path. “In FY 2022-23, we achieved all the major goals we set for MobiKwik the previous year, and our vision for FY 2023-24 is to achieve profitability in all quarters. Q1 has been a good start to the fiscal year. Our numbers are positive in all parameters, be it adjusted EBITDA, EBITDA or PBT. We expect to deliver 80%+ topline growth for this fiscal year,” said Bipin Preet Singh, Co-Founder & CEO, MobiKwik.
MobiKwik ended the financial year 2022-23 with INR 560 crores in revenue and became profitable from the fourth quarter of the financial year 2022-23, and its contribution margin rose to INR 169.5 crores as compared to INR 42 crores in FY 2021-22, nearly 304% Y-o-Y growth.
“Our focus for this fiscal is twofold – to increase our presence in tier 3, 4 cities and towns and to start offering financial products to our small merchants. We believe that a lot of India’s digital growth is now coming from small cities, towns and villages, and we want to tap into that potential,” Bipin added.
11, Aug 2023
Lyra signs the bubbly and energetic Janhvi Kapoor as their brand ambassador
Hyderabad/Kolkata/New Delhi, 11th August 2023: Lyra is a sought-after women’s wear brand of Lux Industries Ltd. launched in the year 2012. In a very short span of time, Lyra has successfully established its foothold in the mid to premium segment. Lyra enjoys its position in the market due to its high brand recall for comfort, innovation, and a superior price-value proposition that no other player has ever been able to reach. Lyra, the womenswear brand, has a diversified product portfolio of women’s outerwear and innerwear, which includes leggings, lingerie, tops, t-shirts, activewear, and sleepwear.
In a recent strategic move, Janhvi Kapoor, the talented young actress, has been chosen to spearhead a new campaign “Always Ready for More…Anytime, Anywhere” that targets the vibrant and dynamic young crowd. The aim of this campaign is to position Lyra as a brand that empowers its consumers, enabling them to always be ready for more, anytime and anywhere. Janhvi’s journey as a confident woman who showcases all the different roles that a modern woman plays in her daily life has been brought out effectively through this campaign. From a girl next door to a corporate leader to a carefree dancer to a star performer, the film showcases interesting transitions of all her moods and weaves in Lyra’s varied range that can be worn on any occasion.
On her association with the brand, actor Janhvi Kapoor commented, “Becoming the face of Lyra is a thrilling journey, where fashion becomes a statement of confidence and individuality. I am excited to personify the elegance and grace that the brand stands for. Shooting with the team was truly enjoyable, and I wholeheartedly hope for their continued success and even greater achievements in the future.”
Speaking on the campaign, Udit Todi, Executive Director, Lux Industries Limited, said, “Janhvi Kapoor embodies the modern, confident woman of today – someone who is unafraid to embrace her individuality. Just like our brand, she celebrates the power of self-expression through fashion. As our brand ambassador, Janhvi Kapoor will be a beacon of inspiration for women, showcasing that fashion is not just about clothing, but a form of self-assurance and empowerment.”
Lyra, the fastest growing brand of Lux Group, contributing around 15% to the top line, achieved a turnover of Rs. 350+ Cr in FY22, selling 1.8+ Cr. pieces. The Company has a dedicated focus on establishing a robust brand presence by elevating its investments in brand marketing. This allocation is projected to span from 6% to 8% of the company’s revenues, resulting in a sustainable double-digit growth.
