Category Archives: Business

Ice Make Refrigeration Reports Strong Revenue Growth in Q1 FY26; Strategic Investments to Drive Long-Term Expansion

Hyderabad, August 09, 2025: Ice Make Refrigeration Limited, a leading manufacturer of 50+ innovative cooling and refrigeration solutions, announced its unaudited financial results for the quarter ended June 30, 2025 (Q1 FY26), demonstrating continued momentum in revenue growth despite temporary headwinds in profitability.

During the quarter, the company reported consolidated revenue from operations of ₹111.50 crore, registering a year-on-year growth of over 30 percent compared to ₹85.23 crore in Q1 FY25. This performance reflects consistent demand across key verticals including cold rooms, industrial refrigeration, and transport refrigeration segments, backed by strong order execution and growing market penetration.

However, due to seasonal input cost fluctuations, elevated finance costs, and inventory adjustments, the company recorded a net profit of ₹ -1.47 crore in Q1 FY26 compared to a profit of ₹3.64 crore in the same quarter last year. The management emphasized that this is a short-term impact and the underlying fundamentals of the business remain strong. Ice Make continues to maintain a sharp focus on operating efficiencies, cost optimization, and working capital discipline.

The Board of Directors recently approved a final dividend of ₹2.25 per equity share for FY25 and cleared the proposal to increase authorized capital, paving the way for future growth-oriented investments. The company is actively exploring strategic initiatives including capacity expansion, potential acquisitions, and the development of ESG-compliant and technology-driven cold chain solutions to cater to new-age industries and export markets.

Speaking on the results, Mr. Chandrakant P. Patel, Chairman and Managing Director, said, “We are encouraged by the strong top-line momentum and the sustained trust of our customers. Despite temporary cost-related pressures, we remain confident of delivering profitable growth in the coming quarters through our multi-pronged expansion strategy and upcoming fund-raising plans.”

With a robust order book, expanding product portfolio, and a clear long-term roadmap, Ice Make remains committed to supporting India’s growing need for energy-efficient and sustainable refrigeration infrastructure across agriculture, food processing, healthcare, and logistics sectors.

India’s innovation story gets a new chapter; Nasscom launches the Makers Honor to celebrate India’s engineers

Bengaluru, August 9, 2025: Nasscom today announced the launch of the inaugural edition of Makers Honor, India’s most prestigious recognition for engineers, developers and technologists who power the country’s $224 billion tech export industry. At a time when the nation celebrates founders, valuations, and IPOs, this initiative shines a spotlight on the unsung heroes, the builders, optimizers, and quiet revolutionaries whose work sustains the present and defines the future of technology.

This initiative is guided by a distinguished council of India’s most respected technologists — Nandini Harinath (Scientist, ISRO), Anand Deshpande (Founder, Persistent Systems), Kailash Nadh (CTO, Zerodha), and Ankit Mehta (CEO & Co-Founder, Ideaforge Technology Ltd). With GitHub as the outreach partner, it will spotlight engineering excellence across AI and DeepTech, large-scale digital infrastructure, open-source innovation, and societal impact solutions.

Nandini Harinath, Scientist, ISRO, “Some of the greatest leaps in science and society are made not in the spotlight, but in silence. The Makers Honor is an excellent initiative from Nasscom to celebrate minds who push the boundaries of possibility and bring science and technology closer to everyday life.”

Anand Deshpande, Founder, Persistent Systems, “Engineering is not just about building systems, but also about solving the right problems with creativity and compassion. This is a tribute to those who build with skill, vision and create impact that transcends code and systems.”

Kailash Nadh, Chief Technology Officer, Zerodha, said, “I am happy that Nasscom is shedding light on the people who actually push technology forward meaningfully-the engineers. This is a refreshing break from the Indian industry’s relentless techno-business obsession.”

Ankit Mehta, CEO & Co-Founder, IdeaForge said, “India’s engineers have always risen to meet the world’s most complex challenges with extraordinary ingenuity and resilience, but often without fanfare. Through Makers Honor, we are recognizing not just technical excellence but also the spirit of problem-solving and purposeful innovation that drives our nation forward. This initiative will inspire young minds to dream beyond conventional boundaries and reaffirm the pivotal role of engineers as the architects of a better, more inclusive future.”

Martin Woodward, VP, Developer Relations at GitHub, said, “Software is shaping the future, and with more than 18 million developers building on GitHub in India and the second-largest contributor to open source, the country is leading the charge. We are honoured to partner with Nasscom to help them bring much deserved recognition to the individuals who are driving this global technological revolution from the cities, towns and villages all across India.”

The initiative is co-curated by author and journalist Pankaj Mishra, who has tracked India’s technology industry for over two and a half decades, inspired by the engineers behind it—and driven by a shared belief that great engineering deserves to be seen as a cultural and social force.

The Makers Honor will identify and celebrate exceptional engineers across five foundational domains:

1. The Innovators – Visionaries redefining industries with groundbreaking technologies, new business models, and pioneering solutions for Viksit Bharat, sustainability, and healthcare innovation.
2. The Scale Builders – Engineers behind platforms that serve billions, power national digital public goods, and safeguard mission-critical systems.
3. The Open-Source Titans – Contributors advancing global ecosystems with India-first AI/ML frameworks, secure open infrastructure, and collaborative technology foundations.
4. The AI & Deep-Tech Pioneers – Builders pushing the frontiers of science and advanced technologies across AI, space tech, life sciences, autonomous systems, and next-generation materials.
5. The Problem Solvers – Engineers addressing societal, environmental, and civic challenges through impactful digital solutions for inclusion, water security, disaster resilience, and more.

A special Jury Spotlight Award will further recognize extraordinary engineering contributions that may not fit conventional categories but carry deep national significance.

The inaugural edition was unveiled at the Nasscom Tech Developers Confluence which brought together coders, architects, researchers, and student innovators for a full day of hands-on exploration. Earlier last month, Nasscom also announced two dedicated hackathons, offering developers the opportunity to build real-world solutions around critical industry challenges.

The first award is to be presented at the Nasscom Technology & Leadership Forum 2026.

Rakshabandhan 2025: 5 Unique Ways to Celebrate with Your Siblings

Family, nostalgia, fun – these are the very first words that come to mind whenever Rakshabandhan is mentioned. The festival, an eternal marker of the strong bond shared by siblings, falls on August 9 this year. To celebrate the spirit of sibling love, we bring you 5 unconventional ways to celebrate this Rakshabandhan with your siblings and extended family, irrespective of whether you’re together in the same city or miles apart. After all, it’s a special day to slow down, have fun, and remind each other how much you care.

1. Fun Game Night with Zupee Ludo

Play the online skill-based ludo and turn your festive hangout into a lively mix of skill, strategy, and laughter. Whether you’re in the same room or catching up over a video call, Zupee lets everyone play their matches at the same time.

Each game wraps up in under 8-10 minutes, so you can squeeze in multiple games without missing out on all the festive fun. Share your skills, go-to strategies, cheer each other on, and celebrate every little win together – it’s all part of the vibe.

The best part? It’s not just about winning rewards; it’s about creating memories. From those hilarious game moments to epic comebacks, capture it all and relive the fun later. It’s the perfect way to bond with your siblings – full of energy and connection.

2.Shopping Session

Turn your regular gift exchange into a fun shopping adventure. Instead of just buying something quickly, make the entire shopping experience part of your celebration. Head out to the local markets together, browse through different stores, and help each other pick out the perfect gifts. Take your time exploring different sections and asking for each other’s opinions. Siblings who live far apart can try virtual shopping. You can even surprise each other by ordering something during the call and having it delivered on Rakhi day.

3.Movie Marathon

What better way to spend Rakshabandhan than having a movie day featuring films that celebrate sibling relationships? Bollywood has some amazing movies that perfectly capture what it’s like to have a brother or sister. You can spend the day watching them together. Some great options include Dil Dhadakne Do, Iqbal, Fiza, Josh, and Hum Sath Sath Hain.

4.Cozy Day Out

Plan a relaxed outdoor picnic or organize a cozy potluck at home. This will give you plenty of time to chat, enjoy good food, and just hang out without any pressure or time constraints. For a picnic, choose a nice park or even set up in your backyard. Pack some outdoor games like ring toss or bring a ball to throw around. If the weather doesn’t cooperate or you prefer staying indoors, you can transform your living room into a picnic spot with floor seating and casual vibes. Use this relaxed time to share childhood memories, catch up on each other’s lives, and just enjoy being together.

5.Virtual Hangout via Video Calls

Distance doesn’t have to ruin your Rakshabandhan celebration. A well-planned virtual hangout can be just as special and memorable as being together in person. Start by coordinating your schedules and time zones well in advance. Dress up in traditional clothes and decorate your respective spaces to create the festive mood. Prepare your rakhi thalis, light some diyas, and have sweets ready for the virtual ceremony.

To make it even more special, you can create a shared photo slideshow of childhood memories to go through together, or try cooking the same recipe simultaneously while staying on the call. Alternatively, you can have a trivia session about each other, or simply share your favorite playlists and sing along together. The key is planning and being creative.

Making It Count

Each of these ideas offers a different way to strengthen your sibling bond while keeping the spirit of Rakshabandhan alive. The important thing is picking something that fits your relationship and personality as siblings. So, this Rakshabandhan, make sure your celebration reflects what makes your sibling relationship special.

GoDrivo.com launches 100% Loan Facility and Buyback Guarantee in India’s Used Car Market

New Delhi, 08/08/2025: India’s used car market is being revolutionized by increasing demand for affordable mobility, greater acceptance of pre-owned vehicles, and the adoption of digital platforms in the car purchasing process.

Aligning with this change, GoDrivo.com, a digital platform for certified pre-owned vehicles, has launched 100% loan approvals and a buyback guarantee to make car ownership more convenient, cost-flexible, and transparent for Indian buyers.

Industry reports have stated that the used car market in India is slated to surpass new car sales in the next few years, driven by first-time buyers in growth cities, higher vehicle replacement cycles, and better financing options. But issues such as trust, quality guarantee, and resale risk continue to repel several prospective buyers.

GoDrivo.com’s new product overcomes these issues through a combination:

Finance Access – 100% loan sanction with no down payment, facilitating buyers from all income segments to purchase cars without a heavy upfront burden.

Resale Security – A buyback guarantee with a structured format that guarantees customers a fixed resale value during a specified time horizon.

Quality Confidence – Every listed car is carefully inspected and certified to provide buyers with authentic vehicles.

“The used car industry is no longer about affordability anymore; it’s about providing the same level of convenience, transparency, and assurance that buyers get from buying a new car. By solving finance and resale issues, we hope to enhance consumer confidence and drive growth in this segment, “ said Abhay Verma, Founder of GoDrivo.com.

With online discovery, price transparency, and doorstep delivery, GoDrivo.com’s business is the mirror image of the new trend towards digitally-enabled, trust-based used car buying. The company is expanding its services to several Indian cities and attempting to take the gap between urban and semi-urban buyers closer to zero.

INR 50L–1Cr Homes Dominate from 2022–2024, Decision Cycles Rising -ANAROCK AI Data

Mumbai, 8 August 2025: The application of artificial intelligence (AI) to real estate customer profiling has fundamentally transformed how leading property brokerages leverage technology to understand and serve their customers. ANAROCK has analysed some of its customer intelligence data from 2020 to 2024 to reveal significant shifts in buyer demographics and preferences.

Aayush Puri, Head – ANAROCK Channel Partner & ANACITY, says, “Thanks to AI, it has become possible to create sophisticated ecosystems to analyse customer behaviour, predict purchasing patterns, and optimize sales strategies with unprecedented precision. Data from our proprietary AI tool ASTRA, which analyses consumer behaviour data from 2.8 million qualified leads via 74 different models, provides several interesting insights. For instance, there has been a gradual increase in homebuyers over 36 years of age, and a reduction in the 25-35 age group – with 36-40 years constituting the largest age group in 2024. We have also tracked budget range and unit configuration preferences, and conversion or days-to-booking timelines.”

The use of such AI platforms represents a paradigm shift from traditional, intuition-based real estate practices to data-driven decision making. They deliver measurable improvements in lead conversion rates, customer targeting, and overall business efficiency.

The real estate industry has historically struggled with customer profiling due to the complex, multifaceted nature of property purchasing decisions. Traditional forecasting methods often fall short in capturing the intricate relationships between property attributes, market conditions, and customer preferences. Manual lead scoring processes, heavily reliant on human judgment and fixed criteria, are prone to inconsistencies and lack the flexibility needed to adapt to rapidly changing market dynamics.

Evolving Buyer Age Distribution

The data shows a consistent shift toward older homebuyers, with the proportion of buyers under 35 decreasing significantly. In 2024, buyers aged 36-40 represented the largest segment, while the under-25 demographic fell to just 4% from 8% in 2020.

Budget Preference Changes

“Our data shows that there has been a substantial increase in preference for homes above INR 1 crore, rising from 18% in 2023 to 32% in 2024,” says Aayush Puri. “This trend toward premium properties is particularly pronounced among buyers over 41 years of age, who are driving demand for homes in the INR 2+ crore category.”

Conversion (Days-to-booking) Timelines

ANAROCK’s AI-enabled tracking and prediction of customer conversion timelines shows that the average days to booking increased from 25 days in 2022 to 28 days in 2024. Interestingly, luxury properties above INR 3 crores showed a reduction in conversion time to 16 days in 2024, indicating that high-value customers make decisions more quickly once engaged.

Other Findings

Buying Channels – The data shows a gradual decline in digital source (developer and property aggregator website) bookings over the last three years. On the other hand, bookings via channel partners – brokers and brokerages retained by developers to market their projects – gained higher prominence. In 2024, channel partners became particularly significant in the INR 50L-1Cr and above INR 3Cr segments.

Configuration Preferences – The analysis shows a growing preference for 3BHK units, which increased to 45% in 2024 from 38% in 2022, while 1BHK preferences declined significantly. This shift reflects changing lifestyle needs and the impact of remote work trends.

 Current AI Trends in Real Estate Brokering

The real estate industry is undergoing an unprecedented technological transformation, with AI and machine learning at the forefront. Even as AI-powered predictive analytics now drive market forecasting, property valuations, and investment risk assessment, AI chatbots interact with customers, provide them with personalized property recommendations, and take them on virtual tours.

Property marketplaces enhanced with AI can match buyers to properties with 95% accuracy based on their preferences. Traditional rule-based lead scoring is being replaced by AI-driven systems that can analyse complex behavioural patterns and demographic data. AI-based lead scoring systems can improve conversion rates by 30% through personalized property recommendations.

Kalyan Jewellers Collaborates with Instamart for Raksha Bandhan Gifting Campaign

August 08, 2025: This Raksha Bandhan, Kalyan Jewellers is bringing heartfelt tradition and modern-day convenience together in a celebration designed to delight. The brand has launched a special festive campaign titled “Gehna to Your Behna” in collaboration with Instamart, India’s pioneering quick commerce platform. It will be delivering ₹2,100 gift vouchers free with every Rakhi purchase on Instamart.

As part of this festive collaboration, Kalyan Jewellers is also retailing its exclusive collection of silver Rakhis on Instamart. These Rakhis reflect the brand’s legacy of design and emotion and will be delivered in 10 minutes through Instamart. Created to blend convenience with meaningful gifting, the initiative is aimed at helping siblings celebrate the festival – even when distance or packed schedules get in the way.

To bring the campaign to life, Kalyan Jewellers has launched a warm and visually engaging TVC featuring actress Sreeleela. The film walks viewers through the simple process from ordering the Rakhi to redeeming the jewellery voucher capturing how even a small gesture can become a lasting memory.

While the service is available across 100 cities in India, the voucher can be redeemed on gold or silver jewellery purchases at any of Kalyan Jewellers showrooms nationwide, over and above prevailing in-store offers. This value-added offering is a strategic move by the brand to connect with Gen Z consumers, a segment that values meaningful experiences, digital convenience, and accessible luxury. In keeping with the needs of today’s on-the-go consumer, a QR code included in each Rakhi pack allows users to extend the voucher’s validity until October 31st, 2025 – offering added flexibility and convenience.

Speaking on the collaboration, Mr. Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers, shared: “At Kalyan Jewellers, we’re constantly exploring meaningful ways to stay connected with evolving consumer lifestyles. Our partnership with Instamart is not just about delivering Rakhi gifts – it’s about creating new touchpoints with younger audiences who value speed, convenience, and thoughtfulness. Through this initiative, we hope to build lasting relationships with a new generation of customers, while continuing to honour the sentiments that make our festivals so special.”

Sharing insights on this special offering, Manender Kaushik, AVP & Category Head – Instamart, said: “Festivals carry deep sentimental value across India, and gifts are a way to express emotions – whether love, care, or appreciation for those closest to us. Despite the bickering and teasing all year round, this day is filled with banter but, at its core, heartfelt gratitude toward one another. At Instamart, we understand this, and that’s why we’ve teamed up with Kalyan Jewellers to bring something truly meaningful to our users – a gift that will last a lifetime. With just a few taps on Instamart, you can get the perfect Rakhi delivered within 10 minutes, alongside a Kalyan Jewellers voucher to help you go all out with your gift.”

Last Raksha Bandhan, Instamart saw an incredible surge, with nearly 700 Rakhi orders placed every minute and overall sales soaring fivefold. The most popular gifts included toys, chocolates, flowers, and make-up. This year, silver rakhis have quickly become a favourite among customers across cities on the platform.

Kalyan Jewellers has also announced exclusive in-store festive offers for Raksha Bandhan. Shoppers can avail 25% off on making charges, with an additional 25% off on purchases above ₹2 lakhs. The brand’s Special Gold Board Rate, the lowest in the market and uniform across all company showrooms, will also be applicable for a limited period.

Rooted in tradition and driven by innovation, Kalyan Jewellers continues to make every celebration more meaningful. Through thoughtful designs, strategic collaborations, and value-led offerings, the brand is redefining the joy of gifting for every generation. This Raksha Bandhan, Kalyan reaffirms its promise to make cherished moments shine brighter with a little extra sparkle and thoughtfulness.

Instamart is now live across 127 cities, offering lightning-fast 10-minute delivery and an expanded assortment of up to 35,000 items. The platform recently introduced Maxxsaver—a feature designed to unlock maximum savings and support more planned, affordable purchases for users across India.

Starbucks India Brings Back the Anniversary Blend with Bold Flavours, Aged to Perfection

India, 8th August 2025: TATA Starbucks India announces the return of its iconic Anniversary Blend in India, a full-bodied roast that pays homage to decades of craft, care, and coffee mastery. The blend has been a seasonal favourite since its debut in 1996 and continues to remain a celebration of craft, heritage, and the signature Starbucks coffee experience. Returning just in time for Raksha Bandhan, it makes for a meaningful gift rich in tradition, and even richer in flavour.

More than just a blend, it is a story brewed over the years drawing from the lush, volcanic soils of Sumatra, West Java, and Sulawesi. The arabica beans are aged for up to five years to unlock a flavour that’s rich, layered, and quietly powerful with warm cedary spice, a whisper of allspice, and a hint of fresh tarragon, like a memory that lingers.

This season, celebrate Raksha Bandhan with a blend as timeless as a bond that speaks of warmth and memories.

Vibhor Mishra, Coffee Ambassador, APAC and China, Starbucks, said, “The Anniversary Blend is a celebration of everything we stand for at Starbucks. Each year, it brings us back to our roots that has defined our journey with coffee lovers across the country.”

Available for a limited time 250 grams, the Anniversary Blend can be enjoyed as the espresso of choice in handcrafted beverages across Starbucks India stores nationwide. It is also available in packaged whole bean format for those who wish to bring the celebration home.

PMJ Jewels Launches New Store in Kompally

Hyderabad, 08th August, 2025: PMJ Jewels, South India’s most beloved fine jewellery brand, has launched its new showroom in Kompally. Gracing the occasion from the management of PMJ Jewels were Kushal Kumar Kankaria, Chairman, Dinesh Kumar Kankarian, MD and Kiran Shinde, CEO amongst other dignitaries.  This is PMJ’s 8th store in Hyderabad and 41st store to PMJ’s overall presence of their stores across India & USA, and is part of the brand’s aggressive expansion plans.

The auspicious days also marks the joyous  Varalakshmi Vratham where in, customers of PMJ were delighted to check  the premium selection of handcrafted jewels at the new store. The elite showroom was filled with loyal PMJ customers, who added an element of extravagance and excitement to the launch event. The store has been meticulously curated to cater to the diverse tastes of customers in and around the bustling area of Kompally and offers a wide range of designs across diamonds, gold, and precious stones. PMJ’s finest and never-before-seen designer jewellery, handcrafted creations, region-specific pieces, wedding jewellery, and lightweight items suitable for all occasions will be featured in the collection. The store promises to offer a dazzling range of the latest, finest, and never-before-seen designer diamond bridal jewellery.

The new PMJ SuperStar Bracelet, a limited edition creation with brand ambassador – actor Super Star Mahesh Babu, will also be available at the PMJ Jewels outlet at Kompally. This Limited Edition Bracelet is thoughtfully crafted for both men and women, celebrating the SuperStar in everyone. It’s a bold statement of strength, style and resilience reflecting the enduring SuperStar journey of Mahesh Babu. The bracelet is a fusion of elegance and legacy in every inch.

Mr. Deepak Choudhary , State Head – PMJ Jewels, Mr. V. S. Chakravarthy, Cluster Manager – PMJ Jewels, and Ms. Vijaya Laxmi – Kompally Store Head, expressed their joy, stating, “We welcome everyone to experience the personalized hospitality that PMJ Jewels is known for. Our new store in Kompally will reflect the legacy that PMJ Jewels has built over the years.”

The designs at PMJ Jewels epitomise the remarkable craftsmanship and skills of Indian goldsmiths. PMJ’s loyal customers who blessed the store with their presence during the auspicious occasion were elated checking and trying out new designs displayed during the inauguration.

Weekend Getaway at JW Marriott Pune: Refresh, Reconnect, Rediscover

There’s a certain charm in pressing pause on the everyday, stepping away from routine, and surrendering to a weekend that belongs entirely to you. At JW Marriott Pune, weekends are not just a getaway; they’re an invitation to slow down, savour, and rediscover the art of living well.

Wake up in rooms that frame Pune’s sweeping mountain vistas, each window a private canvas of the city’s natural beauty. Start your day exactly the way you want it: perhaps lingering in bed with a bespoke breakfast served to your room, or strolling down to Spice Kitchen for a buffet that captures global flavours with effortless flair.

As the day unfolds, let your palate wander. Enjoy a chef’s selection lunch at Tao-Fu or Alto Vino, where seasonal ingredients are transformed into dishes that balance creativity with comfort. Come afternoon, find a quiet corner at JW Garden for high tea, an indulgent ritual of delicate bites and freshly brewed blends, best savoured at your own unhurried pace.

Evenings at JW Marriott Pune are an affair of their own. Begin with a set dinner that celebrates culinary craftsmanship at Alto Vino or Paasha, where every course feels like a conversation between chef and guest. And for those who wish to carry the evening forward, Vault (Nightclub) opens its doors to couples every Saturday with complimentary entry, offering a stylish segue into Pune’s vibrant nightlife.

But a weekend here is about more than exceptional dining. It’s about balance. Unwind with a calming massage at Quan Spa, where curated therapies are designed to align mind and body. Or spend a few easy hours exploring Pavilion Mall, directly accessible from the hotel, where premier shopping and entertainment await.

Families will find their own rhythm too. Children under 10 stay and dine free, with engaging experiences like pizza-making classes and creative workshops designed just for them, giving parents the rare pleasure of unwinding without worry. And with complimentary early check-in at 12 pm and late check-out at 4 pm, there’s no need to rush your departure  because weekends, after all, are not meant to be hurried.

Torus Digital enters strategic partnership with Suryoday Small Finance Bank, launches 3-in-1 Savings and Investment Account

Delhi, 08/08/2025: Torus Digital, an innovative wealth technology company, has established a strategic partnership with Navi Mumbai-based Suryoday Small Finance Bank (SSFB) to launch a 3-in-1 Savings and Investment Account.

Over the next 4 to 5 years, more than 100 million retail investors are expected to enter the Indian investment market. Already, nearly 2 million digital investment accounts are being opened every month across the country. In response to this growing demand, the 3-in-1 account offers a comprehensive financial solution tailored for this new wave of investors.

Torus Digital has partnered with Suryoday Small Finance Bank to offer a unified approach to savings, trading, and demat services. This unified approach allows users to manage their finances with greater ease, transparency, and efficiency. Torus Digital offers a savings interest rate of up to 7.75% per annum, 88% higher than traditional Indian banks. The IYI feature includes three Nifty 50 ETFs, providing a safe investment avenue with a potential 15% CAGR. Users can open zero-balance savings accounts, trade across NSE and BSE at flat rates, and maintain a lifetime free demat account.

Through this partnership, Suryoday Small Finance Bank, serving over 3.4 million customers through 710+ banking outlets across 15 states and Union Territories, aims to enhance its digital presence and expand access to a wider, more diverse customer segment.

Commenting on the launch, Prakarsh Gagdani, Chief Executive Officer, Torus Digital, said, “We are building a future where personal finance is not fragmented but integrated. Our 3-in-1 account brings simplicity and intelligence into the everyday financial lives of our users. In partnership with SSFB, we’re redefining the customer experience by making saving, trading, and investing accessible to everyone, especially in underserved segments of India. We are aiming to onboard over 1 million customers within the next 2 to 3 years.”

Commenting on the partnership, Vishal Singh, Chief Information Officer and Head – Digital Banking at Suryoday Small Finance Bank (SSFB), said, “At Suryoday, we’ve always aimed to deliver innovative banking experiences. Our strategic partnership with Torus Digital will allow us to bridge the gap between traditional banking and modern investing, offering a robust ‘3-in-1’ account that caters to both savers and investors. Customers can now embark on their financial journey at no cost, with zero account opening charges, and seamlessly save, trade, and invest all in one unified platform.”

The account also features ‘Invest Your Interest’ (IYI), allowing users to automate their monthly interest investment into ETFs through SIPs starting at just ₹27, potentially increasing returns by up to 15%. The account is integrated with Torus Digital’s broking platform, allowing seamless trading without the need to transfer funds. The account also provides unmatched liquidity and control with T+1 trade payouts credited directly into the same account.

Torus Digital offers a Trading and Demat account with a variety of investment products, including equities, mutual funds, IPOs, derivatives, ETFs, and indices. Users can enjoy flat trading charges, zero account opening charges, 4x leverage with margin trading, chart-based execution, and advanced algo trading. The Demat Account, regulated by CDSL, offers lifetime free AMC, 100% digital onboarding, and low DP charges. Torus Digital’s strategic partnership with SSFB aims to simplify investing and foster financial inclusion through digital innovation. They aim to build a robust retail investor base and target an AUM of ₹4,000–5,000 crore over the next 2 to 3 years.