13, Feb 2024
IPV announces 14 exits from 2023 with IRR of 61%
Delhi, 13th February 2024: Inflection Point Ventures, India’s most active angel investment platform, has announced 14 exits from 2023 giving a stellar IRR of 61% to its investors.
Amidst challenging market conditions, IPV has consistently demonstrated adaptability through innovative initiatives and collaborations with founders, resulting in remarkable returns.
In 2023, IPV achieved a phenomenal 217% IRR (~40x MOM) with a full exit from Project Light (name withheld). Along with 3 full exits, IPV secured partial exits from 11 other startups throughout the year, delivering IRRs ranging from 20% to 97%. These exits, involving over 1,000 individuals’ investments, translated into lucrative returns, with an average holding period of 1.5 to 2 years. Notable successes include partial exits from high-performing startups like Oorjaa, Devnagri, Aerem, and Ishitva generating an average IRR of 80%. With this, IPV has announced 38 exits in under 5 years.
Vinay Bansal, Founder & CEO, of Inflection Point Ventures, says, “Once again, IPV has emerged as the most active angel investing platform in India despite the ongoing funding winter. With its sharp investment strategy and belief in innovative sustainable startups, IPV will continue to evaluate high potential startups in 2024.”
Amidst the cautious investment climate, IPV remained a beacon of support for startups. The company’s emphasis on post-investment assistance for startups through collaborative efforts with investors played a pivotal role in achieving these successes. Notably, IPV‘s marquee LetsGrow program continued to shine by fostering partnerships with founders and providing invaluable resources in the form of global business networks, CXO expertise, technological insights, business guidance, and unwavering support through challenging times.
Addressing startups affected by the COVID crisis, IPV, through its LetsGrow program, successfully protected investor interests. A unique M&A arrangement between its portfolio companies Sportido and Hudle exemplified this, creating a mutually beneficial outcome for founders and investors alike. Additionally, IPV’s innovative partnership programs, particularly with investment banks, contributed to the success of Koovers, an auto spare parts platform acquired by Schaeffler, delivering a remarkable 47% IRR for investors in less than 2 years.
Ankur Mittal, Co-Founder, of IPV, says, “At IPV, we have always believed in investing in great founders at reasonable valuations. This eventually results in successful exits for our investors. We are a big believer in helping our founders scale up by leveraging our rich
network to help companies not only get timely capital infusion but also rich mentoring to grow their businesses.”
Mitesh Shah, Co-Founder, of IPV, says, “At IPV, our focus continues to discover groundbreaking startups. Since the last quarter of 2023, we’ve witnessed a strong recovery and a robust funding cycle in 2024. Our active investment thesis of 2023 will persist in 2024 too. Maintaining a strong follow-on round pipeline for startups creates a healthy exit pipeline for its investors. To further this commitment, we have launched IPV Ideaschool, an accelerator program. This initiative empowers startups to accelerate their growth and scale rapidly, benefitting from strategic guidance within IPV’s vigorous network. This will further strengthen our portfolio and enable startups to grow and scale their business rapidly with strategic guidance from IPV’s rich network.”
IPV, evaluated over 7000 startups in 2023 and funded 56 deals during the year. Of these, 10 were uprounds, thereby supporting its founders in subsequent funding rounds as well.
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- By Rabindra
13, Feb 2024
Shivram Parmar and SM Records: A Divine Musical Journey Continues
In a harmonious fusion of tradition and modernity, Shivram Parmar and SM Records have once again captured the essence of devotion with their latest release, “Jago Jago Ram Lakhan.” Following the success of their previous hit single, “Jagiye Raghunath Kunwar,” the duo has embarked on a spiritual odyssey, aiming to release a total of nine soul-stirring devotional tracks.
Reflecting on the inspiration behind their musical creations, composer and singer Shivram Parmar shared insights into the genesis of their latest offering. “On the auspicious occasion of Ram Mandir Pran Pratishtha, we unveiled a heartfelt tribute to Lord Ram with ‘Jagiye Raghunath Kunwar,’ featuring the enchanting vocals of Raghunandan Panshikar,” Parmar expressed. “Now, with ‘Jago Jago Ram Lakhan,’ we delve deeper into the realm of devotion, infusing traditional lyrics with the voice of Lopita Mishra, and my music. It’s a humble offering to the resurgence of devotion sweeping our nation.”
The duo’s commitment to spiritual expression extends beyond individual tracks, with plans to release a total of nine devotional masterpieces. Parmar shed light on their ambitious project, stating, “Our vision encompasses a diverse range of devotional tracks, blending traditional and Marathi influences. With the support of SM Records and producer Sanjeev Doshi, we aim to captivate audiences with an array of melodies that resonate with the soul.”
The forthcoming releases feature a lineup of esteemed vocalists, including Lopita Mishra, Ashwari Patwardhan, and the talented Raghunandan Panshikar, alongside Shivram Parmar himself. Each track promises to evoke a sense of reverence and spirituality, inviting listeners on a transcendent musical journey.
As “Jago Jago Ram-Lakhan” and its predecessors ascend the charts with rapid momentum, Shivram Parmar and SM Records stand poised to leave an indelible mark on the landscape of devotional music. With their unwavering dedication to artistic excellence and spiritual devotion, the duo continues to inspire and uplift audiences, one melodious offering at a time. As devotees across the nation unite in celebration, their divine musical journey serves as a beacon of light, guiding hearts towards the eternal embrace of faith and harmony.
13, Feb 2024
Language presents exclusive offers this Valentine’s Day
It’s that time of the year when you express your love with gifts for your valentine. Look no further, as Language offers a diverse array of choices to make on this special occasion. From attractive leather footwear to stunning bags and stylish evening clutches that are sure to wow your special person.
Express your love, appreciation, and affection towards someone special through thoughtful gifting. Tailored for the modern and confident woman, Language women’s collection features a range of options, from bold statement pieces to subtle everyday wear. Each
product is meticulously designed to resonate with her distinctive style, crafted with precision, and adorned with thoughtful details- a true embodiment of love and admiration.
13, Feb 2024
5 Quirky Valentine Day Gifts for Car Enthusiasts
Wondering what to gift your boyfriend this Valentine’s Day? We have you covered! Check out these five gifts for car enthusiasts.
When it comes to finding the perfect gifts for car enthusiasts, you want to deliver something special, dependable, yet lively. While, practical gifts are always a winner, but they don’thave to be dull. From high-performance gadgets to sentimental touches, we’ve curated a list of unique and unforgettable presents that’ll leave any car enthusiast speechless. Whether they favour tinkering in the garage or pushing limits on the track, discover gifts that speak to their heart and their love for all things automotive.
Gear Knob Hoodie:
quirky way of jazzing up your car interior by dressing up the gear knob! This is for car enthusiasts who love the stick and steer clear of the automatic mania. The gear shifter Covers are not only practical, but they also add a touch of personality and fun to your car’s interior. With a variety of colours and designs to choose from, you can pick the cover that best matches your style and taste. Whether you prefer a bold and eye-catching design or a more subtle and understated look, we have something for everyone.
Portable Car Dustbin:
Keep your vehicle clean and organized with our portable car dustbin. Compact yet spacious, it effortlessly collects trash on-the-go. Designed for convenience with a secure lid and easy- emptying feature, maintaining a tidy car has never been easier.
Bone shaped Cushion:
Experience unparalleled comfort and support with our ergonomic car neck pillow. Made with soft, mouldable materials, it cradles your head and neck, easing tension and promoting relaxation. Easy to assemble with adjustable straps, it’s perfect for driving, reading, or traveling anywhere.
Car Charger 36W:
Stay powered up on the go with our reliable car charger. Compact and efficient, it rapidly charges your devices while you drive. Universal compatibility and smart technology ensure fast, safe charging wherever your journey takes you. Essential for modern travellers!
Car Perfume:
Elevate your driving experience with our exquisite car perfume. Infuse your vehicle with refreshing scents that captivate the senses. Long- lasting and easy to install, it brings a touch of luxury to every journey. Drive in style with our signature fragrances.
13, Feb 2024
The CITI Textile Sustainability Awards have partnered with the Aalekh Foundation
The CITI Textile Sustainability Awards, which will be held on February 27, 2024, at Bharat Mandapam in New Delhi, welcome the Aalekh Foundation as the award’s Knowledge Partner for the Women Entrepreneurs- Sustainability, Circularity, and Social Impact.
founded the Aalekh Foundation in 2015, and since then it has been a trailblazer, particularly for the underprivileged, in promoting equitable treatment and ecological responsibility, enabling education, and providing financial help for impoverished children.
The vision of the Confederation of Indian Textile Industry (CITI) Textile Sustainability Awards is to acknowledge and encourage the continuous efforts towards sustainability made by the textile sector, with the Aalekh Foundation serving as the Knowledge Partner. In addition to honoring achievements in sustainability, the awards are designed to inspire others in the field to take a similar course. The core objective is to start an upsurge that fosters creativity and useful steps toward sustainable practices.
The Alekh Foundation is grateful to join forces with CITI’s Textile Sustainability Awards as their Knowledge Partner. Come discover how our shared dedication to ecological sustainability, education, and social equality is seamlessly reflected in this connection. Rennie Joyy, Founder of the Aalekh Foundation, stated, “We hope to work with CITI to make a difference in creating a more equitable and prosperous future for the textile industry and beyond.”
13, Feb 2024
Herbochem Unveils Groundbreaking Research on Ashwagandha’s Impact on Mental Health
Hyderabad, 13th February 2024 – Herbochem, a trailblazer in herbal and natural products with over 50 years of industry prowess, proudly announced a breakthrough study on the mental health benefits of Ashwagandha. This significant study, published in the International Journal of Research in Medical Sciences, highlights the efficacy of Ashwagandha. As an ancient medicinal herb deeply rooted in traditional Ayurvedic practices, Ashwagandha (Withania somnifera) has been a cornerstone of holistic well-being in India for centuries. Recognized as an adaptogen, it plays a vital role in stress management and overall balance within the body. The research underscores the adaptogenic, anti-stress, anti-anxiety, and antidepressant properties of Ashwagandha. With mental health disorders on the rise globally, particularly during the COVID-19 pandemic, Ashwagandha emerges as a potent solution to alleviate symptoms such as depression, stress, anxiety, and sleep disorders.
In a head-to-head comparison, the study zeroes in on two Ashwagandha brands: Herbochem +91 (500mg capsules) and 600mg capsules from another notable brand. Renowned for its adaptogenic and antidepressant properties, Ashwagandha showcased remarkable efficacy in mitigating mental health symptoms. The research revealed compelling insights into the efficacy and safety of Ashwagandha 500mg capsules. Ashwagandha 500mg exhibited significantly higher reductions in perceived stress, Hamilton depression scale scores, and Beck’s anxiety inventory scores when compared to the control group. The study establishes that the optimal dosage of Ashwagandha 500mg demonstrated superior efficacy in reducing mental health symptoms compared to the Ashwagandha 600mg.
The study, a collaborative effort by renowned institutions including the Department of Biochemistry at Shivaji University, Kolhapur, Maharashtra, ViVforever Aesthetics Private Limited, Mumbai, Maharashtra, and the Critical Care Department at Vakratunda Hospital, Nashik, Maharashtra, delves into the global surge in mental health disorders, particularly during the COVID-19 pandemic. The study emphasizes the prevalent symptoms of depression, stress, anxiety, and sleep disorders, underscoring the pressing need for effective solutions.
Mr. Karthik Kondepudi, Partner at Herbochem, stated, “This study reaffirms Herbochem’s dedication to providing innovative, effective, and safe solutions that contribute to a healthier world. At Herbochem, our commitment extends beyond manufacturing. We are devoted to crafting products that not only meet the highest standards of quality but also make a meaningful impact on the well-being of individuals.
Herbochem’s +91 Ashwagandha stands as a paragon of Ayurveda’s holistic health approach. This full-spectrum standardized extract, unique in its extraction technique, not only captures active compounds but also maximizes vital macro-nutrients like Potassium and Magnesium. These elements play a crucial role in stress reduction and promoting better sleep, making +91 Ashwagandha® a distinctive and comprehensive solution for holistic well-being.
13, Feb 2024
Embark on a Love-filled Journey with Accor Hotels’ Exclusive Valentine’s Day Offers
National, February 2024–As the season of romantic getaways approaches, Accor is pleased to unveil a series of enchanting Valentine’s Day offers across its diverse portfolio of hotels. Whether you’re looking for a romantic rooftop dinner, a French culinary affair, or a poolside dining experience, Accor has curated experiences that promise to make this Valentine’s Day truly unforgettable.
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Novotel Kolkata Hotel & Residences: A Starlit Symphony of Love
Step into a world of romance at Novotel Kolkata Hotel & Residences, where love takes center stage. Elevate your Valentine’s Day celebration with an exclusive, starlit setting offering a curated six-course meal by the renowned Chef Vikram Jaiswal. This is not your ordinary dining experience – it is a journey through flavors, accompanied by private butler service and an intimate ambiance.
Novotel Lucknow: A Culinary Extravaganza for Two Hearts
In the heart of Lucknow, Novotel invites you to an “Evening of Elegance” at The Square Restaurant. Indulge in the charm of live guitarist performances, a delectable selection of Awadhi cuisine, Oriental delicacies, and an exquisite dessert counter. For a more elevated experience, EdgeRooftop Bar & Restaurant offers poolside romance with exclusive cabanas. Immerse yourself in a world of unlimited drinks, signature cocktails, and a lavish buffet.
Novotel Goa Candolim: Whispers of Love Under the Stars
Escape to Novotel Goa Candolim for an unforgettable poolside dining experience, “Whispers of Love.” From February 6th to 15th, indulge in an exquisite four-course menu and fine wine, surrounded by tranquil waters and twinkling lights. This is not just a meal; it is a magical affair that transcends the ordinary. Book now and let the magic of Valentine’s Day ignite your hearts as you create memories that will last a lifetime.
Novotel Hyderabad Convention Centre: An Elegant Affair by the Pool or Lawn
Experience the essence of love at Novotel Hyderabad Convention Centre with an exquisite five-course curated menu, expertly crafted to tantalize your taste buds. Choose from a romantic poolside setup or a picturesque lawn, both accompanied by a bottle of sparkling wine. With live music, photo-friendly decorations, and delightful dishes, this Valentine’s Day celebration promises to be an elegant and unforgettable affair. Reserve your spot now and let love fill the air.
Novotel Visakhapatnam Varun Beach: A Coastal Love Escape
Seize the essence of romance at Novotel Visakhapatnam Varun Beach with an enticing Valentine’s Day package. Enjoy aretreat with accommodation for two, a delectable breakfast, and a specially crafted Valentine’s Day dinner of your choice at Square Restaurant, Zaffran Restaurant, or Red Bowl Restaurant. Revel in the coastal charm as you dine by the beach, creating cherished memories. Your room will be adorned with Valentine’s special amenities, adding an extra layer of enchantment to your stay. Embrace the magic of love at Novotel Visakhapatnam Varun Beach, where every moment is designed to make your Valentine’s Day truly special. Book now and escape to a seaside sanctuary for an unforgettable celebration.
Join Accor in celebrating the most romantic day of the year, where each hotel promises a unique and memorablegetaway for this Valentine’s Day. Book now and create cherished memories with your special someone.
13, Feb 2024
Kenvue collaborates with Indian Academy of Pediatrics (IAP) Neonatology Chapter
National, 13 February 2024 – Kenvue, the world’s largest pure-play consumer health company by revenue, released its latest consensus on ‘Recommendations for Neonatal Skincare Protocols for Hospitalized Neonate’ endorsed by the IAP Neonatology Chapter. The comprehensive recommendations were officially unveiled at PEDICON 2024 which is the 61st National Conference of the Indian Academy of Paediatrics at the IAP Neonatology Chapter, a prestigious medical conference for pediatricians and neonatologists. The recommendations aim to provide neonatologists in India with evidence-based clinical practice guidelines for neonatal skin care in hospitalized neonates and implement skincare protocols grounded in scientific principles and empirical evidence.
Neonates in NICU are at a high risk of skin barrier impairment due to intrinsic and extrinsic factors including infection due to thermal imbalance, fluid and electrolyte loss, skin injury, and sepsis leading to increased mortality and morbidity. These complications, however, can be reduced if NICUs have established evidence-based skincare protocols and perform skin assessments as an integral part of management.
Today, there are multiple approaches to the quality of neonatal skincare practices in NICUs that impact neonatal outcomes including survival. The consensus intends to bridge this gap by providing clinical recommendations on neonatal skincare in hospitalized neonates.
The recommendations have been built by adopting the Delphi methodology which incorporates views from a scientific advisory board comprising eminent pediatricians and neonatologists across specialties including Dr. R Kishore Kumar, Dr. Arun Inamadar, Dr. Alok Bhandari, Dr. Rajesh Kumar, Dr. Kheya Uttam Ghosh, Dr. J K Mittal and Dr. Pradeep Suryawanshi, Dr. Sanjay Wazir and Dr. Satyen Hemrajani and moderated by Dr. Naveen Bajaj, Chairperson, IAP Neonatology Chapter.
The recommendations provide practical guidance on neonatal skin care for babies in Neonatal Intensive Care Units (NICUs) including the need for neonatal skin assessment for early identification and treatment of skin problems through screening tools and risk assessment frameworks, the importance of hygiene in NICU babies through stringent hand hygiene practices, cleansing for newborns to reduce infections, when and how to bathe the baby, cleansing with appropriately formulated wipes with mild cleansing agents. Additionally, the paper also covers aspects related to the usage of emollients in preventing transepidermal water loss (TEWL), umbilical cord care, perineal care, Neurodevelopmental Care and regimen, and parent Education during discharge.
Manish Anandani, Managing Director, Kenvue India* said, “When it comes to newborn care, there exist broad variations in routine skin care practices in NICUs in India. With our latest recommendations, we aim to ensure that every newborn not only survives but thrives by providing healthcare professionals with a comprehensive guide of standardized evidence-based skincare protocols. We are proud to release these recommendations in partnership with the IAP Neonatology Chapter to significantly improve the health of newborns.”
Dr. Naveen Bajaj, Chairperson, of the IAP Neonatology Chapter said, “Comprehensive care of neonates admitted in NICU is the key for their survival and early discharge. Skincare of these newborn babies forms an essential aspect of their overall management plan, and is of critical importance in extremely preterm babies, these evidence-based guidelines will help streamline the practice of neonatal skin care, helping to contribute to improved overall neonatal morbidity and mortality, especially the extreme preterm newborns.”
13, Feb 2024
Cherish Every Moment: Fairmont Jaipur Unveils Unforgettable Valentine’s Day Experiences
National, February 2024 – Fairmont Jaipur, the epitome of regal elegance, invites couples to celebrate the season of love with an unforgettable Valentine’s Day getaway. Nestled against the backdrop of the majestic Aravalli hills, Fairmont Jaipur offers an enchanting escape for couples seeking a romantic retreat, with culinary delights, rejuvenating experiences, and romantic décor to take your breath away.
Culinary Escapes:
Unique Dining Experience: Elevate your Valentine’s Day celebration with a candlelit dinner at the Imperial Terrace, offering scenic views of the Aravalli hills. The décor, chosen with a romantic indulgence in mind, sets the perfect stage for a meal with your loved one. Indulge in a four-course meal paired with champagne, served by a dedicated server amidst the enchanting ambiance.
Koi Fishpond: For a truly magical experience, dine by the Koi Fishpond, where candlelit décor and tranquil waters set the stage for an intimate dining affair. The setting is nothing short of magical, coupled with a four-course meal designed to tantalize your taste buds, complemented by the choice of either a bottle of house wine or sparkling wine. To ensure a seamless and personalized experience, a dedicated server is at your service, catering to your every need. Reconnect, savor, and create unforgettable memories as you indulge in this intimate and luxurious dining affair by the Koi Fishpond.
Zia: At Fairmont Jaipur, culinary excellence intertwines with romance at Zia, the barbecue restaurant. Inspired by Mughal grilling traditions and American barbecue flavors, Zia promises a unique dining experience amid lush citrus gardens. Beneath the gleaming moonlight, couples are treated to a magical ambiance with warm table settings, mystical lantern décor and live music, creating unforgettable moments infused with history and culture.
Rejuvenating Spa Experiences:
Fairmont Jaipur beckons couples to immerse themselves in luxurious spa experiences at Ruhab Spa, a sanctuary of tranquillity with the magic of love and reconnection in the air. Drawing on centuries of Ayurvedic wisdom and contemporary wellness practices, Ruhab Spa offers a diverse range of rejuvenating treatments. These personalized therapies, tailored to each guest’s Zodiac Sign, derive inspiration from ancient Vedas and healing traditions. The Horo Spa treatments harmoniously blend ancient wisdom with modern luxury, aligning with Ayurvedic principles to balance the body’s four elements. Perfectly complementing a romantic getaway, standout features include the Hammam bathtub, offering a serene retreat within the confines of your room.
Celebrate love, elegance, and culinary excellence this Valentine’s Day at Fairmont Jaipur, where moments are turned into memories.
13, Feb 2024
The Risks of Smoking and Alcohol Consumption During Pregnancy
By
Dr. N. Senthil kumar Ph.D., Saveetha College of Physiotherapy, SIMATS, Chennai
Ms. Varsha, MPT Saveetha College of Physiotherapy, SIMATS, Chennai
The increase in smoking and alcohol consumption among women could potentially contribute to health issues, including infertility. PCOS (Polycystic Ovary Syndrome) is already a prevalent condition that affects many women’s reproductive health. Educating communities about the potential consequences of drinking and smoking especially during pregnancy might prevent serious effects on developing fetus, like various health problems including developmental delays, cerebral palsy, lower birth weight, and more…
To safeguard the well-being of future generations advocating for a tobacco and alcohol free lifestyle for women throughout their lives is crucial for the betterment of their child’s health. Public health campaigns, educational programs, and accessible information can empower individuals to the betterment of maternal and child health leading to healthier choices.
What to do If the child has some developmental problem or delayed milestone?
Consulting with a pediatrician and seeking pediatric physiotherapy can significantly improve a child’s chances of attaining milestones more efficiently. Timely support enhances developmental outcomes and helps minimize potential long-term dependencies. Swift action provides the necessary assistance and guidance for a child’s optimal growth and development.
The increase in smoking and alcohol consumption among women could potentially contribute to health issues, including infertility. PCOS (Polycystic Ovary Syndrome) is already a prevalent condition that affects many women’s reproductive health. Educating communities about the potential consequences of drinking and smoking especially during pregnancy might prevent serious effects on developing fetus, like various health problems including developmental delays, cerebral palsy, lower birth weight, and more…
For safeguarding the well-being of future generations advocating for a tobacco and alcohol free lifestyle for women throughout their lives is crucial for the betterment of their child’s health. Public health campaigns, educational programs, and accessible information can empower individuals for the betterment of maternal and child health leading to healthier choices.
