Author: Rabindra

TiE Launches 9th Global Summit with ‘Putting Entrepreneurship First’ Theme

Mumbai, August 9, 2024: TiE Bangalore, the pioneering chapter of The Indus Entrepreneurs (TiE) in India, today announced the 9th Edition of TiE Global Summit (TGS) 2024, scheduled for December 9th to 11th at the Bangalore International Exhibition Center (BIEC), and December 12th in Mysore. This edition coincides with TiE Bangalore’s 25th anniversary, symbolizing a collaborative effort with other TiE chapters in Karnataka, and supported by the Digital Economy Mission (KDEM) and the Government of Karnataka as the Host State Partner. Under the theme “Putting Entrepreneurship First,” the summit aims to create an inclusive entrepreneurial ecosystem, democratizing opportunities and uniting the global entrepreneurial community. The summit offers a significant opportunity, akin to the Olympics of Entrepreneurship, to experience the vibrant energy of innovation and entrepreneurship in Bangalore. TGS24 is expected to host over 25,000 delegates including 5000+ startups, 750+ investors, 300+ corporates, 150+ speakers, 10,000+ Futurepreneurs, from across India and more than 50 countries.

The announcement took place at a curtain-raiser event in Bengaluru, graced by esteemed dignitaries including Shri Priyank Kharge, Hon’ble Minister for IT & BT and RDPR, Government of Karnataka; Shri MB Patil, Hon’ble Minister of Commerce & Industries and Infrastructure, Government of Karnataka; Shri. Sharath Bachegowda, Chairman KEONICS; Dr. Ekroop Caur, IAS, Secretary to Government, Dept of E, IT, Bt, Science & Technology, Government of Karnataka; Ms. Gunjan Krishna, IAS Commissioner for Industrial Development, Director for Industries and Commerce, Government of Karnataka; Shri Prashanth Prakash, Chairman of Karnataka Start-up Vision Group and Partner, Accel; Shri BV Naidu, Chairman of Karnataka Digital Economy Mission (KDEM); Shri Amit Gupta, Chair, TiE Global; Shri. Sanjeev Gupta, CEO, KDEM; Shri Jagdish Patankar, Executive Chairman of MM Activ Sci-Tech Communications, Ms. Lakshmi Pratury, Founder CEO INK Talks/TGS Curation Partner and Shri Madan Padaki, Chair of TGS24 and President of TiE Bangalore.

The dignitaries unveiled the TGS24 Logo – “Ekam Flame of Entrepreneurship” bringing in the elements of entrepreneurial energy and the unified purpose of “Putting Entrepreneurship First”.

Madan Padaki shared key details about TGS 2024, including the theme, dates, venue, speaker and sponsor information. TGS 2024 will host a range of events , challenges and networking events like Future Sparks: Leaders in Conversations, TGS100 Challenge that brings together the brightest Emerging Start-ups globally, Rural Student Innovator Conclave, TiE Global Women Pitch Competition & Conclave , Futurepreneurs Conclave, VentuRISE Challenge by Invest Karnataka, EdVentures for Academia, Cultural Entrepreneurship Conclave at Mysuru, #SpiritofTiE Global Awards, various sectoral Tracks across Deeptech, AI, Biotech, Agritech, Fintech, Climate-tech, MSMEs, Circular Economy, Social Enterprises, Start-up Ecosystems, Family Offices, Incubators/Accelerators, Mentoring Clinics & Pitch Sessions Networking Evenings, Art & Music Experiences and a large pavilion that will host booths and learning zones.

Addressing to the attendees, Shri Priyank Kharge, Hon’ble Minister for Information Technology & Biotechnology and RDPR, Government of Karnataka, “TiE Global’s emphasis on ‘Putting Entrepreneurship First’ resonates strongly with Karnataka’s strategic vision for fostering innovation and economic growth. As the epicenter of India’s startup ecosystem, Bengaluru is the natural choice for hosting such a prestigious event. Our government, under the visionary leadership of Shri MB Patil, is deeply committed to ensuring Karnataka’s position as not only a national hub but a global leader in deep tech, innovation, and sustainable development. The TiE Global Summit provides a critical platform to showcase the strengths that make Karnataka unique—from cutting-edge research and development to unparalleled access to capital and mentorship. Our state is home to a thriving ecosystem supported by over 400 R&D centers and leading technology firms, making it a powerhouse of innovation. The government of Karnataka is fully invested in nurturing this ecosystem through various initiatives, including our Global Innovation Alliance and dedicated programs for startups across sectors. We are proud of our efforts to support entrepreneurs at every stage, whether through access to capital, mentorship, or skill development. Events like the TiE Global Summit are essential in reinforcing Karnataka’s role as a global leader in innovation and entrepreneurship. We are committed to working closely with TiE Global to cultivate the next generation of entrepreneurs who will drive transformative change, not just in Karnataka or India, but globally.”

The event also announced that registration for the 2nd edition of the VentuRISE Global Startup Challenge, an initiative by the GOK, is now open for global start-ups. VentuRISE ’24 will concentrate on Electronics System Design and Manufacturing (ESDM), Auto/Clean Mobility, and Aerospace & Defence. This challenge offers startups a platform to tackle industry issues and connect with investors/corporate accelerators.

“We are committed to fostering a thriving startup ecosystem. VentuRISE ’24 is a testament to our dedication to supporting innovative entrepreneurs who are driving the future of manufacturing and allied sectors. The Startup Challenge initiative aims to position Karnataka as a global innovation hub, promoting the state as a preferred destination for startups in manufacturing and allied sectors by facilitating connections with investors and industry partners. We are thrilled to participate with TiE Global for the VentuRISE ’24 event and we are committed to making this year’s event even bigger and better by introducing new initiatives, expanding mentorship programs and attracting a wider pool of global investors.”, said Shri M.B. Patil, Hon’ble Minister for Large and Medium Industries

Prashanth Prakash, Chairman of Karnataka Start-up Vision Group said, “This event presents an immense opportunity, akin to the Olympics of Entrepreneurship, for start-ups and ecosystem actors worldwide to bask in the vibrant energy of innovation and collaboration. The initiatives launched here, coupled with invaluable networking and learning opportunities, will propel our entrepreneurs to new heights, ensuring a lasting and positive impact on our economy. By having investors from across the globe to experience the vibrant stories of Indian entrepreneurs with their innovative business models, we have an opportunity to position ourselves as the leader of innovation in the world”

At the event, Madan Padaki, Chair of TGS24 and President of TiE Bangalore stated: “We are thrilled to bring TiE Global Summit 2024 to Bengaluru & Karnataka. Our chosen theme, ‘Putting Entrepreneurship First,’ aligns with our mission to foster a thriving entrepreneurial ecosystem worldwide. This summit is more than just a gathering; it’s a catalyst for ideas to meet opportunities, and to ignite possibilities that can shape the future of our societies. We are delighted to be supported by the Government of Karnataka as the State Host Partner and look forward to working together with the entire ecosystem in taking our model of entrepreneurship to the next orbit”

Cosmo First reports its Q1’24-25 results

New Delhi, 9th August 2024: Cosmo First Limited today declared its financial results for the quarter ended June 2024.

The improvement in EBIDTA is backed by higher specialty sales as well as furtherance in domestic BOPP film margins due to enhanced demand. The Company has reached speciality sales of 69% of total volume in Q1, FY25 as against 64% in FY24.

BOPET business started in Sept 2022 (about 4% of Company’s sales in Q1, FY25) has also earned EBITDA for the first time since started operations.

The Company is expecting improved sales of speciality films as well as domestic margins to remain at healthier levels in FY 25.

The Specialty Chemical has commercialized multiple chemistries (including for adhesives, coatings as well as masterbatches) which should facilitate improvement in EBITDA and ROCE in FY25.

Commenting on Company’s performance Mr. Pankaj Poddar, Group CEO, Cosmo First Ltd said “The Company’s focus remains on specialty film business and cost rationalization opportunities. Rigid packaging vertical launched in H2, FY24 is growing well with addition of Injection Moulding from Q1, FY25. We are focusing on consolidation in Zigly during the first two quarters before next level of growth.”

myTrident eyes growth of 40% in FY 25 by doubling its retail touchpoints

New Delhi, August 09, 2024: myTrident, the flagship domestic home furnishing brand of Trident Group, unveiled its Fall-Winter ’24 collection today at Andaz, Aerocity, New Delhi. Dr. Rajinder Gupta, Chairman Emeritus, Trident Group, inaugurated the five-day Associate meet by addressing more than 1500 retailers under the captivating theme of ‘Home Coming.’

myTrident is targeting a significant growth trajectory, aiming to double its revenue to INR 1000 crores + in next 3 years by expanding its retail presence and strengthening its foothold in existing markets. The brand’s growth strategy is to increase presence through both offline and online on all major metros, Tier 2 and 2 cities, and strengthening its position in quick commerce.

“We are targeting a significant growth trajectory in the coming months, with a focus on penetrating new markets and strengthening our foothold in existing ones. Our vision is, ‘ghar ghar mein myTrident,’ and we want to penetrate pan India with myTrident products available at every retail touch point. We aim to grow at 40%, doubling our revenues and increasing our market share”, said Neha Gupta Bector, Chairperson, myTrident.

Rajneesh Bhatia, CEO, myTrident stated, “Our goal is to make myTrident products accessible to a broader audience by doubling our retail touchpoints. We’re focusing on expanding our presence in large-format stores and the special focus for this year is on quick commerce. Our strategy is to strengthen our position both online and offline. Currently, our products are available in about 5,000 outlets, and we aim to double this number to 10,000 within the next three years.”

The event displayed the new collections that left the attending retailers mesmerized. The new Fall/ Winter 2024 collection includes- Festive, and core ranges from Road to Jaipur, Sanskriti, Earth Lover collections, and more designed to inspire and elevate every space.

Since its inception in India in 2014, myTrident has become one of the leading home furnishing brands, catering to both home and HORECA segments in India

NSDC launches Kaushal Mahotsav, Job Readiness Program in Uttar Pradesh

Chandigarh, August 9, 2024 – Tapping into the heart of Uttar Pradesh and aligning with the vision of the Hon’ble Prime Minister Shri Narendra Modi, the National Skill Development Corporation (NSDC) with support of the Ministry of Skill Development and Entrepreneurship (MSDE), announced the launch of ‘Kaushal Mahotsav: Job Readiness Program’ in Bijnor at a press conference today.

This initiative, guided by the Hon’ble Minister of Skill Development & Entrepreneurship, Shri Jayant Chaudhary, aims to transform Bijnor into a key hub for skilled workforce development.

The press conference, held at Bijnor, was attended by prominent figures including Shri Chandan Singh Chauhan, Member of Parliament; Dr Prabhat Kumar, Advisor to the Hon’ble Minister of Skill Development; Shri Ankit Kumar Aggarwal, District Magistrate, Bijnor; and Shri Ved Mani Tiwari, Chief Operating Officer (COO) and Officiating Chief Executive Officer (CEO) of NSDC.

Hon’ble Prime Minister Shri Narendra Modi’s vision of India becoming the world’s largest provider of skilled workforce underscores the need for strategic planning and manpower mapping. To align with this vision, the Kaushal Mahotsav is set to take place in Bijnor—a district known for its substantial youth population and emerging industrial landscape. The district’s educational institutions, including degree colleges, ITIs, and polytechnics, produce a steady stream of skilled individuals eager for employment.

Chandan Singh Chauhan, Member of Parliament, during his address mentioned, “The Ministry of Skill Development and Entrepreneurship has been the dream project of Prime Minister Shri Narendra Modi since 2014. And under the dynamic leadership of Minister Jayant Chaudhary, this ministry is taking concrete steps forward.

The Kaushal Mahotsav is not just a job fair, but an opportunity for our youth to showcase their skills and gain lifelong certifications. As the MP for Bijnor, I am proud that our constituency has been chosen to host the inaugural Kaushal Mahotsav and thankful to the Honourable Minister Shri Jayant Chaudhary. This is a testament to our region’s immense potential.

The SIDH app developed by NSDC will be a game-changer, connecting our youth with the right jobs and government schemes. I urge all the people of Bijnor to participate in this transformative event and leverage these opportunities to build a brighter future for our community. Together, we can set an example for the entire nation.”

Shri Ved Mani Tiwari, CEO, NSDC & MD, NSDC International in his address mentioned, “In the coming years, globally 100 crore people will enter the job market, and every fourth entrant will be an Indian. This means that opportunities for India’s youth are not only within India but also globally, as every fourth dollar in the world will be generated by an Indian. To prepare the youth for these opportunities, the country needs to focus on making them job-ready.

Through our Job Readiness Program along with the support of the district collector of Bijnor, we will conduct training programs at several locations within the district. This will provide young people with the necessary skills and knowledge to become future-ready and contribute to the economy.

In Western Uttar Pradesh, where we are organizing this event, the Honorable Member of Parliament has emphasized the importance of focusing on preparing young people. To support this vision, we are working under the guidance as well as the leadership of Honourable Minister Shri Jayant Chaudhary with the Ministry of Skill Development and Entrepreneurship (MSDE), as well as with the Government of Uttar Pradesh. This is a combined effort with the common aim to initiate the program and make it successful.”

The initiative aims to link Bijnor’s skilled workforce with potential employers, driving local economic growth. Interested candidates are encouraged to register on the Skill India Digital Portal Hub. Once registered, NSDC will reach out to candidates to provide more details about training center and extend invitations to participate in the Job Readiness Program.

The program will conclude with a special offer letter distribution ceremony by Hon’ble Minister Shri Jayant Chaudhary in September. The Kaushal Mahotsav represents a pivotal opportunity to advance local economic development and enhance job readiness for Bijnor’s youth.

Insights from a comprehensive Need Assessment Survey revealed preferences and skill sets of the local job seekers, with ITI and polytechnic diploma holders favouring manufacturing roles and degree graduates leaning towards service-oriented sectors.

A 5-day employability training program will be organized, covering essential soft skills such as communication and interview preparation, as well as domain-specific skills for roles like Assembly Line Operator, Customer Care Executive, Business Development Executive, and Relationship Officer. The training will be conducted at 20 centres across Bijnor and nearby areas.

The outreach efforts for the Kaushal Mahotsav have engaged employers from Uttar Pradesh and neighbouring regions, including Uttarakhand, Ghaziabad, Noida, Bulandshahr, Faridabad, Gurgaon, Haridwar, and Pant Nagar. The program will cater to diverse sectors, including Electronics, Automotive, Logistics, Banking and Financial Services, IT, ITeS, Tourism & Hospitality, and Retail.

Page Industries Limited reports revenue growth in Q1 FY25

Mumbai, 9th August 2024: Page Industries Limited, India’s leading apparel manufacturer, today announced its financial results for the first quarter ended June 30th, 2024

Key Financial Highlights for Q1 FY 25:
· Sales volume grew 2.6% YoY, amounting to 57.4 million pieces

· Revenue at Rs. 12,775 million, a 3.9% increase YoY

· EBITDA at Rs. 2,433 million, margin at 19% and sequential growth of 2.5%

· The impact of investments in digital transformation and marketing initiatives was largely balanced by stable input costs and operational expenses optimisation.

· Profit After Tax (PAT) at Rs. 1,652 million, a 4.3% increase YOY

Commenting on the results, Mr. V.S. Ganesh, Managing Director, Page Industries Limited said, “I am pleased to announce that our dedicated efforts to enhance the inventory health of our distributors have significantly boosted the overall efficiency of our business. We have successfully maintained strong operating margins while simultaneously advancing several digital transformation initiatives, enhancing consumer engagement, and investing in technology.

Our exciting expansion and developments in the eCommerce space continue to drive substantial growth in this channel. We remain optimistic about the resurgence of demand in the upcoming quarters and are well-prepared to capitalize on it.

Outlook and Trends:

The consumer confidence is rebounding and is leading to increased spending on clothing and accessories. The rise of eCommerce and digital platforms has expanded market reach, enabling brands to connect with the consumers more effectively. The industry is poised for significant growth, driven by rising disposable incomes, rapid urbanization, and a young consumer base with a growing preference for branded products.

Shangri-La Eros New Delhi Presents Flavours of Uttarakhand with Chef Yojana Khanduri Chaudhary Signature Touch

(New Delhi, August 2024) – Shangri-La Eros New Delhi invites food connoisseurs to indulge in the exquisite flavours of Uttarakhand’s cuisine, masterfully crafted by the acclaimed Chef Yojana Khanduri Chaudhary.Experience the region’s rich culinary heritage in a feast for the senses at Tamra, the hotel’s international cuisine restaurant, from 8 August to 10 August 2024.

Guests can look forward to a unique fusion of aromatic spices, fresh ingredients, and time-honoured cooking techniques meticulously curated by Chef Khanduri. With a passion for authenticity and originality, Chef Yojana’s culinary creativity reflects her journey from the majestic Himalayas to the rich food scene of Delhi. Drawing inspiration from her Himalayan roots, she is ready to charm palates and spark imaginations.

At the heart of this delectable feast are Chef Khanduri’s signature creations, thoughtfully crafted to serve the soul of Uttarakhand cuisine. Guests can commence their culinary journey by indulging in Patudi, a mini Dal Cheela that embodies the comforting warmth and authentic flavours of Uttarakhand. They can also savour the aromatic Bhaang Sookha Chicken, a dish palatial in earthy flavours that will tantalize their taste buds. Concludingly, they can savour the richness of Lal Bhaat and a selection of traditional sweets like Jhangore Ki Kheer and Mandue Ka Halwa, transporting them to the serene landscapes of Uttarakhand.

This exclusive Chef Pin pop-up event guarantees a special dining adventure that celebrates the rich landscape of Indian cuisine.

Bata India launches latest Power Energy Collection with campaign, Stronger Inside

New Delhi, 8th August 2024: Bata India launches latest campaign, “Stronger Inside” to unveil the revolutionary latest Power Energy Collection, designed in Canada and backed by global technology. The ones who are fit are not gifted, they are just #StrongerInside. The campaign is built on the insight that the Power Inside is always stronger than any challenge outside. When the world says ‘maybe tomorrow’, you say “Power-through today!” The latest performance footwear range with Power XO Rise technology has the most responsive midsole ever and gives 25% more energy rebound. These shoes are designed for Training, running and workout.

Deepika Deepti, Head of Marketing at Bata India, said, “Our campaign, ‘Stronger Inside’ beautifully depicts the inner strength that surpasses any challenge in one’s fitness journey. Gone are the days when sneakers were merely functional footwear. Today, they are an essential part of our culture, blending style, comfort, and performance seamlessly. At Bata, we are dedicated to delivering the best of all three with our latest launch: the Power Energy series. We are also proud to re-launch the revolutionary EasySlide collection, designed to let you slip in and out of your shoes effortlessly, without even using your hands, truly a game-changer, setting a new standard in convenience and style.”

Speaking about the new launch, Olivier Heck, Global Athleisure Brands Director, Bata Group said, “There is a burgeoning passion for fitness among Indian consumers and we want to be their partner in this journey. What makes the Power Energy Collection unique is our ‘Glocal’ approach – we have combined global innovation from our Canadian design labs with a deep understanding of the unique needs of Indian consumers. The range of shoes for running, training and workout are engineered to provide comfort that helps you challenge your own fitness goals.”

To help you power through your fitness journey, the latest Energy Collection features a range of performance-based shoes that are backed by international technology and are incredibly lightweight. For runners seeking a new challenge and a fast-paced shoe, the Energy Pro offers 25% more energy return with SuperCritical XORise+, the brand’s most responsive midsole, giving you a spring in your step. For everyday runners looking for a blend of comfort and energy return, the Energy 500 provides durability and breathability with its 4D engineered tech mesh upper. For active enthusiasts in need of stable and responsive training shoes, the Energy 300 is the go-to choice, featuring technology like Ortholite and XORise+ to suit a wide range of workouts. The latest launch, EasySlide is designed for effortless sliding in and out of the shoes without using your hands. The new walking range of EasySlide collection starts at INR 1,699.

The Global Leader in Obstacle Course Race ‘SPARTAN Race’ comes to India as ‘TVS Apache Spartan’

Hyderabad, August 9, 2024: SPARTAN Race, the world’s leading obstacle course race series, makes its debut in India as TVS Apache Spartan, marking a historic moment for the country’s sports and fitness landscape. Versatile actor, fitness icon, and face of TVS Apache Spartan, Sidharth Malhotra joined the event to announce this significant launch. With a global presence spanning over 250 events across 40 countries and a community of 1.2 million active participants worldwide, Spartan Race embodies a global movement in fitness and endurance sports.

The launch of Spartan Race in India has come at a pivotal moment, coinciding with obstacle racing’s recent approval for inclusion in the 2028 Los Angeles Olympics. Spartan, as the global leaders in OCR, is finally posed to be at the forefront leading this moment with its global footprint of races and millions of participants across the globe. The Spartan ethos of pushing boundaries and embracing challenges perfectly aligns with the TVS Apache brand values of performance, agility, innovation, and relentless spirit. With this collaboration, TVS Apache Series and Spartan is set for an exciting season where athletes will push their limits and inspire a new wave of fitness enthusiasts across the country.

Marking a significant step ahead for India on the global sports and fitness scene, the inaugural season of TVS Apache Spartan will commence this November, for which the registrations are now open. Those interested in being a part of the first ever TVS Apache Spartan Race in India can now register on their website www.in.spartan.com. Three races will be set in Bangalore, Noida and Pune which will include a 5 km sprint featuring 20 obstacles, as well as a corporate race aimed at fundraising for Mr. Sunil Gavaskar’s CHAMPS Foundation, supporting former Indian sports personalities in need. The launch will lay the foundation for the future expansion of TVS Apache Spartan to five to seven cities within two years, featuring the 10km and 25 obstacle and 21 km and 30 obstacle races.

Sunil Gavaskar, Chairman – PMG Sports and Trustee of the Champs Foundation commented “For Indians, the introduction of Spartan Race in India with TVS Apache Spartan signifies more than just a new sporting event. It represents a gateway to a global athletic community and a prestigious platform to challenge and enhance personal fitness levels. PMG is proud to bring Spartan Race to India, leveraging our expertise to introduce this transformative experience to the country. We are also thrilled to welcome Sidharth Malhotra as the face of TVS Apache Spartan. His dedication to fitness and active lifestyle perfectly represents the essence of the race. Additionally, we are delighted to have TVS as our title sponsor and value their support in building Spartan in India.”

As India stands at the forefront of a fitness revolution, TVS Apache Spartan will provide an opportunity for participants to set ambitious new fitness benchmarks. It provides a chance to become part of a worldwide movement dedicated to mutual encouragement and support among millions of athletes.

Harshveer Singh Saluja, Regional Director – APAC, Spartan Race Inc. shared his sentiments at the launch of TVS Apache Spartan, “I am thrilled to announce the launch of Spartan in India, marking a significant milestone for our brand. Bringing Spartan to India is not just an expansion of our global footprint; it’s an exciting opportunity for us to inspire, motivate and engage whole new communities across India, while simultaneously providing an unparalleled platform for Indians to challenge themselves, push their limits, and achieve what they might have otherwise once believed was unachievable. Spartan will not only contribute to enhancing the evolving fitness culture reaching fever pitch in India, but also will help foster an immense sense of camaraderie and shared purpose among all those who take to one of our three start lines later this year.

This achievement would not have been possible without the unwavering support and collaboration of our partners, PMG. Their dedication and hard work have been instrumental in making Spartan Race a reality in India. We extend our deepest gratitude to PMG for their invaluable partnership.”

Siddharth Malhotra, Spartan India ambassador said, “I am excited that Spartan Race is finally here in India, a home to exceptional athletes and fitness enthusiasts. Obstacle racing is more than just a physical challenge, it’s also a testament to one’s determination and grit. The arrival of the Spartan Race in India marks a new chapter, offering our athletes a platform to showcase their talent on a global stage. As a fitness enthusiast myself, I am looking forward to seeing the strength and spirit of all the participants.”

Vimal Sumbly, Head Premium Business, TVS Motor Company said, “Spartan Race coming to India holds a lot of promise. The Spartan ethos of pushing boundaries and embracing challenges perfectly aligns with the TVS Apache’s brand values of performance, agility, innovation, and relentless spirit. We are excited to support this journey and witness the positive impact it will have on the Indian sports and fitness landscape. Together, we look forward to the inaugural season of TVS Apache Spartan, where participants will challenge themselves, and hopefully inspire a new wave.”

At its core, the Spartan Race is a rigorous test of willpower, camaraderie, and resilience. Each race is meticulously designed to push participants beyond their perceived limits and encourage teamwork. The experience of a Spartan Race offers a platform for individuals to confront their fears, stepping outside their comfort zones to achieve personal growth and a sense of accomplishment at the finish line. Spartan Races are known for their picturesque locations, sophisticated design of their obstacles and offering a global sporting event experience. With Spartan Race, participants can network with the global athlete community and can race & win at any of their international events. The launch of the India chapter, TVS Apache Spartan aims to integrate Indian athletes into Spartan Race’s global community, fostering a spirit of fitness, teamwork, and achievement.

Chai Sutta Bar expands to Hyderabad with the opening of its new outlet

Hyderabad, 9th August 2024 – Chai Sutta Bar, one of India’s largest and most beloved tea chains announces the launch of its new outlet in Hyderabad, located at Building bearing Municipal No. 17-1-382/R/9/2 , RTC Colony, Saidabad, K V Ranga Reddy District, Champapet Hyderabad- 500 035, this new outlet is set to bring the rich flavours of Indian chai to the city of pearls, Hyderabad, offering residents and visitors a cozy, inviting atmosphere to enjoy their favourite tea blends with a great company.

Founded by Anubhav Dubey and Anand Nayak in 2016, Chai Sutta Bar has rapidly grown into a global sensation, captivating tea enthusiasts with its unique concept, authentic tea experiences, and welcoming environment. The brand has become synonymous with a modern approach to India’s beloved beverage, chai, and has emerged as a favourite destination for the youth and tea lovers alike.

Anubhav Dubey, Co-Founder and CEO of Chai Sutta Bar expressed his excitement about the expansion into Hyderabad, stating, “The launch of our new Hyderabad outlet marks an overwhelming journey to share the joy of chai with the Biryani lovers twice. We are thrilled to bring Chai Sutta Bar to this vibrant city and are confident that our unique tea blends and warm ambiance will resonate with the people of Hyderabad as it worked earlier. We believe that tea has the power to transcend cultural boundaries and bring people together.”

Anand Nayak, Co-Founder of Chai Sutta Bar, added, ” We are pleased to announce that we have opened a brand new outlet in the city of Pearls. With its impressive architecture, fascinating history, family fun, and food paradise, Chai Sutta Bar has inaugurated its outlet in the city to give Chai lovers an opportunity to savour the City’s iconic tea in a comfortable space.’’

Rahul Patidar, Director of Chai Sutta Bar says, “Opening a new tea outlet in Hyderabad is a promising venture, given the city’s vibrant culture and growing demand for unique dining experiences. Chai Sutta Bar welcomes all the youth professionals and students of every age to explore this fascinating spot and enjoy its vibe.

With a presence in over 320 cities across India, Chai Sutta Bar serves an impressive 4.5 lakh kulhad teas daily and boasts a turnover of over 150 crores. The brand’s success is a testament to the exceptional experience it offers to its customers and its dedication to becoming a prominent player in the global cafe scene.

Chai Sutta Bar emphasises its commitment to promoting a healthy lifestyle and does not endorse the use of harmful substances despite its suggestive name. The brand collaborates closely with local authorities to positively impact the communities it serves. In line with its sustainability initiatives, Chai Sutta Bar creates employment opportunities for local communities and supports nearly 500 potter families by serving tea in traditional kulhad cups.