Category Archives: Business

Myprotein Unveils Creatine Tablets for Fitness Convenience

National, 16 May 2025: Myprotein, a leading online sports nutrition brand, has announced the launch of its new Creatine Monohydrate Tablets, offering a clean and simple way for individuals to boost their high-intensity performance. Elevating convenience for customers of traditional creatine powder, Myprotein has developed these easy-to-take tablets to streamline consumers’ fitness routines, especially those new to supplementation.

Sudeshna Saha, Regional Manager – India, said, “We are thrilled to introduce the Creatine Monohydrate Tablets to the Indian market. Creatine plays a vital role for anyone looking to enhance their everyday fitness and recovery. At Myprotein, we are committed to adapting to the evolving needs of our consumers by providing more convenient options across all our nutrition ranges. These tablets are a testament to that commitment, offering a hassle-free way to tap the benefits of creatine. We believe this product will be a game-changer in the fitness zone, offering a user-friendly alternative to traditional powders.”

Creatine is among the most researched sports supplements, scientifically proven to enhance performance for short bursts of high-intensity activity. Myprotein’s new tablets deliver a 3g of creatine monohydrate per daily dose, making it effortless to incorporate this powerful supplement into any lifestyle. These tablets are particularly beneficial for vegetarians and individuals who find it challenging to obtain sufficient creatine through their diet alone. The no-mixing, no-mess format makes them perfect for on-the-go routines, ensuring users can easily support their fitness goals. The tablets are ideal for fitness enthusiasts of all levels seeking to improve their performance and recovery, including gym-goers, athletes, and busy professionals.

PDS Reports Strong FY25 with 21 Percent Revenue and 19 Percent PAT Growth

Mumbai, May 16th, 2025: PDS Limited, the global fashion solutions and infrastructure company offering customized solutions to global brands and retailers across services like product development, sourcing, manufacturing, and brand management, has announced its financial results for Q4 & FY25.

Consolidated Financial Results Q4FY25 and FY25: (₹ in crs, unless mentioned otherwise)

Key Highlights for the Year

• Clocked GMV of ₹18,744crs in FY25, growth of 25% y-o-y
•  Reported Consolidated topline of ₹12,578crs, growth of 21% y-o-y
•  Achieved PAT of ₹241crs, growth of 19% y-o-y
•  Growth achieved across all geographies; the Americas leading with a growth of 39% y-o-y
•  Order book in early April stands strong at +$600 million, growth of 14%
•  UK-India FTA unlocks a powerful growth runway for manufacturing and strategic sourcing from the region.
•  US tariff developments effectively managed through strategic negotiations, ensuring stability and continued growth
• Proposed dividend of ₹3.35 per share, 30% of EPS, 168% of face value – of which ₹1.65 per share paid in H1FY25 as interim dividend

 Key Highlights for the Quarter

• Clocked GMV of ₹5,007crs in Q4 FY25, growth of 14% q-o-q
• Reported Consolidated topline of ₹3,526crs, growth of 13% q-o-q
• Achieved PAT of ₹75crs, growth of 76% q-o-q

Commenting on the industry outlook, Pallak Seth, Executive Vice Chairman, said: “The industry is at an inflection point, marked by two key developments that have the potential to shape its future. At PDS, we have responded to the evolving global landscape with agility and foresight—enhancing our sourcing capabilities, driving operational efficiencies, and positioning ourselves ahead of the curve. Recent shifts, such as the US tariff adjustments and the advancement of the UK-India FTA, are well-timed catalysts that support our strategic vision and unlock new opportunities for sustainable growth.”

Sanjay Jain, Group CEO, commented on the company’s FY25 performance “FY25 has been a year of strong, broad-based growth for PDS, with GMV reaching $2.2 billion—a 25% year-on-year increase. Growth was visible across all geographies, with the Americas leading at 39%, reflecting the strength of our global platform. Our strong order book of over $600 million in early April, up 14% from last year, gives us confidence in the year ahead. Supported by BCG, we have initiated a series of cost optimization and transformation initiatives that are expected to deliver tangible results and further enhance operational efficiency.”

IKS Health Reports Strong Q4 FY25 with 17 Percent Revenue and 133 Percent PAT Growth

India | May 16, 2025: Inventurus Knowledge Solutions Limited (NSE: IKS), a technology enabled healthcare solutions provider highlights strong growth in Q4 FY25. Widely recognized as IKS Health, a care enablement platform assisting physician enterprises with concentrated focus in the US, announced its financial results for the quarter ended March 31, 2025.

“The results for the quarter reflect the strength of our business where we have delivered industry leading revenue growth owing to ramp up of new clients and continuous margin improvement as we continue to transform the business using technology and global human capital. Our Q4 FY25 EBITDA margins have crossed 31%, a significant improvement from the 24% proforma margin of FY2024,” said Sachin K. Gupta, Founder & CEO, IKS Health. “The last quarter saw five prominent client wins including three platform deals which gives us the confidence in our strategy of building the full breadth of our platform in a market that largely consists of point solutions companies.”

Nithya Balasubramanian, CFO, IKS Health said, “We have delivered a very healthy margin and strong revenue growth of 17% YoY and 10% QoQ despite some compression in revenue as we focus on the right set of customers and globalize the legacy AQuity workforce. Ongoing investments in technology and AI will remain central to our strategy for achieving excellence in outcomes and client satisfaction.”

Key Financial Highlights: FY 25 ended on March 31, 2025
● Revenue at ₹26,640 million (47% YoY)
● EBITDA at ₹7,911 million (50% YoY)
● PAT at ₹4,861 million (31% YoY)
● Adjusted PAT at ₹5,504 (39% YoY)

Business Highlights:
Our Q4 deal wins demonstrate strong momentum toward full platform engagements (3 out of 5 deals)  both in new initiatives and expansions of existing programs—reflecting growing client confidence in IKS Health’s ability to deliver on the vision of an integrated care enablement platform.

● Sky Lakes: Strategic partnership to deliver outstanding care and ensure financial sustainability across hospital and clinical settings
● Western Washington Medical Group: Expanded partnership to implement the IKS care enablement platform to enhance care delivery, improve financial outcomes and invest in growth
● GI Alliance: Strategic partnership to optimize clinical and financial processes through the IKS care enablement platform to deliver high quality care and accelerate growth
● Platinum Dermatology Partners: Expanded partnership to implement IKS Health care enablement platform
● OrthoNY: Expanded alliance to cover patient engagement hub and revenue cycle management to deploy AI-powered personalized digital strategies to deliver exceptional patient experience Industry Recognition & Awards
● IKS Health received 3 notable recognitions in Black Book Research 2025 Rankings:
○ Won Top honors in the newly launched AI-driven Revenue Cycle Management (RCM) category
○ Ranked #1 in Clinical Documentation for the 12th consecutive year
○ Ranked #1 in Medical Coding for the 3rd year in a row
● Ranked Best in KLAS for Medical Transcription Services for 2025
● Earned HITRUST r2 Certification demonstrating that IKS has met the demanding regulatory compliance and industry-defined requirements and is appropriately managing risk.

Safe Harbour
Certain statements in this release concerning our future growth prospects may be seen as forward-looking statements, which involve a number of risks and uncertainties that could cause the actuals to differ materially from such statements. It is not possible to undertake to update any such statement that may have been made from time to time.

Instamart Will Now Deliver Products From Home Centre In Just 10 Minutes

Bengaluru, May 16, 2025: In a move set to redefine lifestyle shopping, Instamart—India’s pioneering quick commerce platform—has announced the onboarding of Home Centre, one of the country’s most trusted names in home and kitchen retail. With this collaboration, Instamart becomes the first quick commerce platform to offer Home Centre’s extensive and thoughtfully curated product range, delivered to doorsteps in under 10 minutes.

Starting this week, over 120 premium yet affordable products will be available for Instamart users across Bengaluru, Mumbai, New Delhi, and Gurgaon. The assortment includes daily kitchen essentials, elegant serveware and glassware, dining sets, smart home organizers, and stylish home décor items such as table lamps, clocks, and more.

With over 35,000+ products spanning groceries, electronics, and everyday essentials, Instamart now expands into more options in aspirational lifestyle offerings. The addition of Home Centre strengthens Instamart’s mission to meet evolving consumer needs by combining convenience with elevated living.

Sitaram Kumar, CEO, Home Centre India, said, “At Home Centre, we have always placed consumer needs at the core of our product offering. Our partnership with Instamart represents an important step forward in meeting the demands of today’s fast-moving consumers, delivering faster, smarter service to match their evolving lifestyles.”

Amitesh Jha, CEO, Instamart, “Instamart is committed to expanding the boundaries of quick commerce. This partnership with Home Centre is a step towards delivering not just essentials, but high-quality lifestyle products on demand—instantly enhancing the homes and lives of our users.”

Two years ago, Instamart began offering home and lifestyle essentials—such as pillows, blankets, and décor items. In fact, blankets emerged as one of the most searched items on the platform in 2023. Since then, the platform has significantly expanded its lifestyle range, now listing thousands of products. The addition of Home Centre marks a milestone in this journey, enhancing the platform’s appeal for urban consumers who increasingly prioritize instant, stylish, and convenient home upgrades.

Visionet Systems Secures Salesforce Crest Partnership, Boosting Digital Transformation Drive

Bengaluru, India, May 16, 2025 – Visionet, a leading IT services firm specializing in digital experiences, enterprise modernization, Data & AI applications, and managed IT services, has announced its elevation to Salesforce Crest Partner status. This recognition highlights Visionet’s continued commitment to delivering cutting-edge Salesforce solutions tailored to its clients’ evolving business needs. 

A testament to excellence 

Salesforce evaluates its consulting partners based on an aggregate score measuring contributions against Salesforce’s established targets. These criteria include revenue growth, specialization of Salesforce resources and certifications, project delivery success, and Customer Satisfaction (CSAT) scores.  

Acknowledging the achievement, Faraz Shah Khan, Head of Salesforce at Visionet said, “Our elevation to Salesforce Crest Partner is a testament to team’s dedication, expertise, and focus on driving real business outcomes for our clients. We look forward to continuing our journey of innovation and excellence in the Salesforce ecosystem.” 

Visionet’s elevation to Crest Partner status underscores its ability to consistently deliver high-quality Salesforce implementations that drive tangible business value for its clients.  

Driving business transformation with Salesforce expertise 

Visionet has a proven track record of implementing customized multi-cloud Salesforce solutions for a diverse range of clients. Its comprehensive service portfolio includes strategy development, implementation & integration, training & enablement, ongoing support & optimization. 

The company specializes in multiple Salesforce offerings, including Salesforce Agentforce, Sales, CPQ, Service, Field Service, Marketing, Commerce (B2B/B2C), Data Cloud, Experience and Industries Cloud. 

Significance of the Crest Partner elevation 

Achieving Crest Partner status is not just a milestone but a strategic advantage for Visionet and its clients. This elevation reinforces Visionet’s ability to access exclusive Salesforce resources, enhanced training, and advanced tools that empower its consultants to deliver even more innovative solutions.  

Trans Employment Mela Returns to Delhi on June 18, Targets 100 Jobs

Mumbai, May 16, 2025: Building on the momentum of its past editions, the Trans Employment Mela is back for its third edition on June 18, 2025, in New Delhi. Organised by the TWEET Foundation and InHarmony, in collaboration with the Ministry of Social Justice and Empowerment (MoSJE), the event continues to push forward a national dialogue on inclusive employment and economic justice for transgender and non-binary individuals.

In 2024, the Mela drew 227 participants and facilitated over 77 placements across more than 20 companies, nearly doubling the placement numbers from its 2023 debut. This year, the organisers are setting a bold target of 100 placements, backed by strategic industry engagement and a growing movement to create inclusive workplaces.

More than a job fair, the Trans Employment Mela is a rallying point for change—bringing together public and private sector employers, sensitisation experts, and community leaders to break down barriers and build pathways for sustainable livelihoods.

Abhina Aher, Founder, TWEET Foundation, emphasized, “The Mela is not just about getting a job—it’s about claiming a rightful place in the economic fabric of our country. For too long, transgender persons have been excluded from formal employment, forced into the margins despite their skills, potential, and resilience. The Trans Employment Mela is a statement that we will no longer be sidelined. We need many more such platforms that offer not only visibility but dignity, access, and equity.”

Anupama Easwaran, Founder, InHarmony, said, “Workplace inclusion begins with opening doors—and that’s exactly what the Trans Employment Mela does. It bridges the gap between talent that’s often overlooked and opportunities that can be transformative. This isn’t just about ticking a diversity box—it’s about building cultures where everyone is valued, where bias is actively dismantled, and where transgender and non-binary individuals can thrive as their authentic selves. We look forward to deeper and more meaningful engagement from industry leaders this year.”

Maya Awasthy, Co-Founder, TWEET Foundation, shared, “Every edition of the Mela is a powerful reminder that inclusion is not just an aspiration—it’s an actionable goal. From 58 placements in 2023 to 77 last year, we’ve seen firsthand how access to dignified employment transforms lives. Our goal for 2025 is ambitious but necessary: 100 placements, 100 individuals finding not just jobs, but a renewed sense of purpose, independence, and belonging. We urge companies to step forward—not just to hire, but to learn, unlearn, and lead by example in building a truly equitable workforce.”

The announcement of the 3rd edition of the Trans Employment Mela was made during the annual celebrations of the TWEET Foundation, where over 300 representatives from the transgender community were present, including celebrities, allies, and dignitaries. The vibrant gathering served as a powerful reminder of the strength, unity, and resilience of the community, while also reinforcing the importance of inclusive platforms like the Mela in driving real social change.

This year’s edition will feature job interviews, networking sessions, corporate sensitisation workshops, panel discussions, and performances by community artists. It will also be a platform for unveiling new partnerships, tools, and frameworks that support trans-led advocacy and promote inclusive hiring across sectors.

The Mela also celebrates the growing presence of transgender entrepreneurs who are breaking barriers and building businesses across industries. Their success stories not only redefine representation but also serve as powerful testimonies to the resilience, creativity, and leadership within the transgender community.

Publicis Sapient returns as the Platinum Sponsor for this year, while P&G and Hexaware join as Gold Sponsors for this edition.

Meghalaya Entrepreneurs Showcase Innovation and Culture at Vienna UP 2025

New Delhi, May 16, 2025: A delegation of eight dynamic startups from Meghalaya who are currently at Vienna are making the state proud through their participation in the Vienna UP 2025, being held from May 8th to May 16th, 2025, touted to be one of the most diverse and forward-thinking startup festivals in Europe. This goes on to prove the rising startup ecosystem of Meghalaya and how the government and PRIME Meghalaya have nurtured the entrepreneurial talent across the region.

The entrepreneurs who are representing various sectors have joined more than 90 startups, including investors, and innovators for a weeklong iconic event celebrating bold ideas and scalable impact. Vienna UP 2025 is being organised by Vienna Business Agency, hosted by 45 programme partners exposing the participants to the startup ecosystem of Vienna, providing them with the opportunity to connect with entrepreneurs and investors from different parts of the world.

On May 8th, ahead of their journey, Shri Conrad K Sangma, Hon’ble Chief Minister also met and interacted with the entrepreneurs and extended his best wishes while also commending their contribution to elevating the entrepreneurial ecosystem of the state in a global platform. He commended the participants who are currently at Vienna saying, “It fills me with great pride that the ideas and innovations born from our hills are being showcased at a global stage. The fact that they could even reach such an international event speaks volumes regarding the diverse entrepreneurial spirit of Meghalaya and its cultural richness. This is not only a personal achievement for them, but a celebration for the entire state. The world is getting a view into the new, vibrant Meghalaya – one that is bold, creative and ready to lead.”

PRIME Meghalaya has been having an impactful role to play in the entrepreneurial journey of these entrepreneurs whom they have been handholding through incubation, mentoring and funding. Their innovations representing Meghalaya’s rich heritage and indigenous products have already caught the attention from European stakeholders who are interested in ethically handmade, culturally relevant products. Some products including Eri silk textiles, handcrafted goods, as well as traditional beverages have gone down well with the stakeholders, participants and investors alike. These products are the kind that are being sought after as environmentally friendly and sustainable alternatives, one where the entrepreneurs of Meghalaya are showing immense promise.

The eight entrepreneurs from Meghalaya are not only presenting their businesses but are also ambassadors of the creative development and entrepreneurial spirit of the state. The participation of these startups in the Vienna UP 2025, will provide them with valuable global insights, broaden their perspectives, open avenues for cross-country collaborations and accelerate their growth potential as well as exposure to global markets and meaningful impact on their ventures in Meghalaya. It is also an opportunity to build relationships and learn from some of the innovative minds in the startup world, as well as an inspiration to empowering more youth from the state to dream big and contribute to the growth and sustainability of Meghalaya’s economy.

Unicommerce Handles Two Crore Plus Quick-Commerce Orders in FY25

16^th May 2025, Mumbai: Unicommerce, one of India’s leading e-commerce enablement SaaS platforms, processed 2 Crores+  quick commerce order items via its flagship platform Uniware in FY25.

The orders were processed via Unicommerce’s integration with various leading Q-commerce platforms. This integration enables brands using Uniware to process bulk orders from their warehouses to the mother stores of quick commerce platforms.

The integration of Uniware with both brands and various quick-commerce platforms enables the brands to align orders in real time, optimise stock allocations and process these orders efficiently from their warehouse. Uniware’s single-window system allows brands to allocate shipments to pre-integrated B2B courier partners, in the process also ensuring simplified compliances like GST e-invoicing and e-way bill generation.

The categories benefiting from this integration include personal care and hygiene products, nutraceuticals and supplements, toys and baby products, snacks and healthy foods, fashion and travel accessories, apparel as well as home decor items.

Quick commerce has become an essential aspect of India’s retail ecosystem, with customers cherishing the convenience of a 10-20-minute doorstep delivery. Expected to show an annual growth rate (CAGR 2025-2029) of 16.60%, the quick commerce market in India is projected to reach a market volume of US$9.95 bn by 2029. ⁽¹⁾

Commenting on the growing scale of quick commerce orders, Kapil Makhija, MD & CEO of Unicommerce, said, “Quick commerce has brought products closer to consumption points, heightening customer expectations and driving retail growth. As brands continue to invest in intelligent and agile supply chains to meet this demand, Unicommerce is proud to be a key part of this dynamic technology ecosystem.

 Unicommerce’s Uniware, which includes a multichannel order management, warehouse management and omnichannel retail management system which enables brands to fulfil orders received across different channels, including their brand websites, online marketplaces, offline stores, and quick commerce platforms. This is enabled through a centralised dashboard, which pulls live data from multiple integrations to present a real-time status of inventory availability across the entire supply chain.

4 Startups Using VR to Preview Your Future Workspace Before It’s Built

Virtual Reality (VR) is no longer a futuristic concept in architecture — it’s actively reshaping how commercial workspaces are designed, visualized, and executed. As noted by Carleton University, VR allows clients to step into immersive environments of their yet-to-be-built spaces, fundamentally changing the relationship between designers, clients, and the built environment. This evolution goes beyond esthetics; it’s about enhancing decision-making, minimizing budget and timeline deviations, and creating more collaborative and transparent design journeys.

Today, several startups are leveraging VR technologies to bridge the gap between imagination and execution in the workspace sector. These platforms offer immersive walkthroughs, real-time design updates, and cloud-based collaboration tools that let businesses visualize and customize every element of their future office — from layouts to lighting — before construction even begins. The result is a significant reduction in guesswork and rework, improved cost efficiency, and faster project delivery.

In this piece, we highlight four innovative startups using VR to redefine the commercial design experience. These companies are not just offering visualization — they’re delivering a new way to build trust, reduce friction, and empower businesses to make smarter decisions about their workspace investments.

Flipspaces

FlipSpaces delivers end-to-end design and build solutions for commercial spaces globally. With in-house proprietary technology, it offers VR-supported video walkthroughs—an industry first—enabling clients to visualize spaces upfront and reduce budget or timeline variances. A dedicated client dashboard provides real-time access to layouts, 3D renders, and project updates. With over 750 projects delivered across 8 million sq. ft. in the last decade, FlipSpaces stands out through its tech-enabled execution, in-house manufacturing, and a vast vendor network. Its integrated approach ensures high quality, faster delivery, and cost efficiency—setting a new benchmark in commercial interior design and execution.

Trezi

Provider of SaaS-based VR-based visualization solutions. Its platform provides users with features that include immersive design presentations, real-time design communication, collaborative design reviews, and VR-enabled coordination meetings.

SmartvizX

Provider of VR-based solutions for multiple businesses. It facilitates creating an interactive virtual environment to stimulate potential users into experiencing arenas and spaces that haven’t even been physically built like buildings, office desks.

PropVR

Provider of a cloud-driven virtual tour software for real estate professionals. It enables users to build VR tours using drag-and-drop tools and allows clients to visit multiple projects remotely. The company also provides 360 photography services, 3D floor plans, and virtual tour development services.

foundit Appoints Binita Agarwal as CFO

Bengaluru, India – May 16, 2025 – Asia’s leading jobs platform, foundit (formerly Monster APAC & ME), today announced the appointment of Binita Agarwal as Chief Financial Officer (CFO). In her new role, Binita will lead the Finance & Accounts function across all regions, playing a pivotal role in shaping foundit’s long-term financial vision and supporting its growth strategy.

Binita Agarwal as Chief Financial Officer (CFO), foundit

A Chartered Accountant with over 15 years of experience, Binita brings deep expertise across finance, compliance, investor relations, and business strategy. Known for driving financial efficiency and cost optimisation, she has led finance functions at AppsForBharat (SriMandir), Headout, and HungerBox, and held early career roles at Goldman Sachs and EY.

“We are pleased to welcome Binita to the foundit leadership team,” said V Suresh, Chief Executive Officer, foundit. “She brings deep expertise across both startup and enterprise finance, along with valuable cross-regional experience. Her insights will be key to strengthening our financial systems and building long-term value. Her leadership comes at a time of strong momentum at foundit and will help ensure our financial strategy stays tightly aligned with business growth.”

In her most recent role, Binita was instrumental in building robust financial systems, leading fundraising efforts, and supporting high-growth expansion. Her experience spans key markets across the US, Europe, Middle East, and Asia, bringing a global lens to risk management and cross-border operations.

“Joining foundit at this time offers a unique opportunity to contribute to its continued momentum,” said Binita Agarwal, Chief Financial Officer, foundit. “I look forward to working closely with the leadership team to drive disciplined growth, enhance financial agility, and create new opportunities for operational excellence.”

Binita holds a Bachelor of Commerce from Shri Shikshayatan College and is a Chartered Accountant.