Category Archives: Business

LEAD Group Launches ‘Pinnacle,’ Aiming to Reach 60,000+ High-Fee Schools and 35 Million Students

Mumbai, December 18, 2024: LEAD Group, India’s leading School Edtech pioneer, today announced the launch of Pinnacle — a first-of-its-kind, modern curriculum solution that combines deeply researched curriculum, pedagogy and content — to address the unmet needs of more than 60,000 high-fee schools across India. Pinnacle brings the much needed innovation and academic excellence that India’s high-fee schools are seeking beyond regular curricula. Pinnacle not only combines deeply researched, NCF-aligned curriculum, pedagogy and content, but also blends AI and other advanced education technologies to enable a truly multi-modal, personalised and adaptive learning experience for students. Over the next 3 years, Pinnacle is expected to contribute 40% of LEAD Group’s total revenue, underscoring its importance in the company’s growth strategy.

Parental spend in the high-fee school segment is projected to reach Rs. 4,300 billion by 2030, reflecting a growing demand for quality education. Pinnacle’s deeply researched solutions will meet this rising parental demand for propulsive education.

Sumeet Mehta, CEO and Co-Founder, LEAD Group, said, “Designed and developed in India, Pinnacle is built on more than two years of research and insights from collaborations with schools nationwide. It addresses the long-unfulfilled needs of progressive Indian schools by offering a modern curriculum solution that builds on the best in curriculum, pedagogy and technology, and is fully aligned with NCF 2023. This is a first in school education in India and marks a significant shift from traditional approaches that have primarily focused on books, or standalone software or smart classroom content. We are building an education brand that is made in India and is the best in the world!”

Pinnacle’s flagship innovation, the TECHBOOK, introduces India’s first AI-enabled intelligent books, personalising learning through data-driven insights and AR-enhanced experiences to boost student learning outcomes. Pinnacle also includes Code.AI, a project-based coding and AI program with a free coding platform designed to nurture technology creators and innovators. The TECHBOOK and Code.AI build on Pinnacle’s Textbook series that leverages world-renowned pedagogies for deeper conceptual understanding Pinnacle also includes ACADEMIA for AI-powered assessments and teacher training for schools; and Pinnacle+ for comprehensive school support, including curriculum integration and infrastructure upgrades.

Pinnacle by LEAD Group meets the growing demand for innovation and integration in progressive Indian schools striving to distinguish themselves. It empowers schools to streamline operations while maintaining the highest standards of learning.

LyfeIndex Launches as the World’s First Digital Platform to Preserve Family Legacies

New Delhi, 18th December 2024 – LyfeIndex launches, the world’s first and only innovative platform that aims to honour the lives of departed loved ones by providing lasting digital space for writing and sharing memorials.

Founded by visionary entrepreneur Mr. Manoj Swarup on September 2, 2019, in London, LyfeIndex was born from a personal mission to help individuals and families preserve their legacies and memories. Today, the platform has rapidly evolved into a digital archiving solution with 10,000+ users globally, allowing people worldwide to create interactive, lasting memorials for their loved ones.

The platform allows users to create beautiful memorials for their deceased family and friends. One can create individual profiles that serve as digital tributes, containing important details such as their biography, photographs and significant milestones. This enables users to build a comprehensive narrative, that truly captures the essence and legacy of their loved ones.

LyfeIndex was created with a simple yet profound belief — every life tells a unique story that deserves to be remembered. The platform offers a comprehensive, interactive digital space where memories transcend geographic boundaries, enabling families to create lasting memories for their loved ones.

Commenting on the same belief, Mr. Manoj Swarup, Founder and Innovator at LyfeIndex expressed, stating, “Every life is a unique story that deserves to be remembered. Our platform provides families and individuals the tools they need to ensure that their stories are immortalized, transcending the boundaries of time and geography. We are incredibly proud of the journey we’ve undertaken so far and excited to continue growing LyfeIndex into a global platform that connects people through the power of memory and legacy.”

LyfeIndex differentiates itself by offering a range of features designed to provide users with the most comprehensive digital memorialization experience. The platform is designed with an optimised, easy-to-use interface, accessible – anytime, anywhere across the world, regardless of technological expertise. One can create, update and view memorials on the go through their smartphones and tablets, ensuring that one can honour their loved ones whenever inspiration strikes.

Key highlights include:

• Genealogy tracing capabilities: Helping individuals trace their family history with ease.
• GDPR-compliant data security: Ensuring that all personal data and information remain protected with the highest privacy standards.
• Global accessibility: Enabling families across the globe to create and share memories.
• Interactive memorialization: Allowing users to create dynamic, personalized memorials that evolve with time.

The company has already secured $100K in funding during its initial round and is poised for rapid expansion. With a growing team of 15 employees, LyfeIndex’s future is bright, with plans for a global user base expansion, enhanced brand awareness, and continued technological innovation.

LyfeIndex is not just a technological platform — it is a cultural movement. It empowers individuals and families to preserve their heritage, ensuring that the stories of past generations are not lost to time. The company is actively exploring partnerships with genealogy organizations, cultural institutions, educational platforms, and historical research centers to expand its impact globally.

LyfeIndex is on a mission to become the global standard for digital remembrance. As the company looks to the future, it is committed to reshaping the way societies document and celebrate individual narratives. Through the fusion of technology and emotional intelligence, LyfeIndex is setting new standards for how we remember, honour, and share the stories that define our lives.

Hyatt India Partners with Bollywood Star Vaani Kapoor to Launch Official Instagram Page

INDIA, December 18, 2024 –Hyatt India today announced the launch of it`s official Instagram handle @hyatt.india.swa in collaboration with Bollywood star Vaani Kapoor. This new platform invites followers to experience the World of Hyatt India, showcasing its distinctive blend of warm hospitality, exceptional service, and authentic, tailored experiences that celebrate the individuality of each guest.

Through this collaboration, Hyatt India Instagram page will feature a series of captivating brand films and exclusive content, highlighting Hyatt’s unwavering commitment to care and exceptional hospitality. The #HyattCelebratesYou truly epitomises how Hyatt makes every stay memorable.

Starring Vaani Kapoor, the launch features a teaser and 6 episodes that reflect the brand’s dedication to celebrating its guests and crafting unforgettable experiences. The episodes will take consumers on a journey inside Hyatt where one can see `The Art of Anticipation`, `Going Above and Beyond`, `Care straight from the Heart`, `Making every moment Delightful` and more that really shows how deeply Hyatt cares for all its guests.

“We are excited to launch our official Hyatt India Instagram page, elevating the luxury hospitality experience on social media. This platform will showcase more than just our stunning properties and exceptional service – it reflects our purpose-driven approach to hospitality, where we focus on caring for people so they can be their best. #HyattCelebratesYou is rooted in the principle of really knowing our guests, anticipating their needs and crafting bespoke experiences that truly resonate with our guests. We’re delighted to have Vaani Kapoor join us in bringing her elegance and warmth to this journey.” said Deepa Krishnan, Head of Marketing, India and Southwest Asia, Hyatt.

“”I’m thrilled to collaborate with Hyatt India on this exciting journey. Their commitment to personalised care and celebrating each guest’s uniqueness resonates with me. I look forward to sharing my personal experiences and favorite moments from my time with Hyatt, offering my followers an exclusive look into the World of Hyatt.” said Vaani Kapoor.

“Incredibly proud to partner Hyatt India for the launch of their corporate Instagram page. Leveraging our deep experience as a leading agency for the hospitality sector, our talented team at @Lintas Live conceptualised an engaging launch campaign – ‘Hyatt Celebrates You’. At the center of the concept is the ethos of making every customer experience special and truly brings to life the virtues of warmth and care that Hyatt stands for.” said Ameer Ismail, President Lintas Live -div. of Mullen Lowe Lintas Group.

To experience the ultimate in luxury hospitality and get a glimpse into Hyatt in India, follow @hyatt.india.swa on Instagram. Join the conversation using #HyattCelebratesYou and discover the authentic experiences at Hyatt India’s properties. We look forward to welcoming and celebrating you at Hyatt.

Mobec Kicks Off PledgeForChange Campaign This New Year to Promote EV Adoption and Green Initiatives

New Delhi, 17th December 2024: Mobec, leading EV charging solutions’ provider, has launched its #PledgeForChange campaign, a transformative initiative aimed at accelerating EV adoption, sustainability, and circular economy practices in 2025. The campaign aligns with the Delhi Government’s recent extension of its Electric Vehicle (EV) Policy until March 2025, a move that reaffirms the city’s commitment to reducing air pollution and promoting clean transportation.

Mobec strongly supports this policy extension, recognising it as a vital step toward a cleaner and greener future. The #PledgeForChange campaign reflects Mobec’s dedication to addressing the EV ecosystem’s challenges and enhancing sustainable mobility solutions.

In the past year, Mobec has spearheaded multiple initiatives to revolutionise the EV sector. The company launched portable, fast-charging solutions, eliminating EV range anxiety and making charging accessible across diverse regions. Mobec also introduced large-scale Energy Storage Systems (ESS), offering energy efficiency beyond EVs for broader applications.

To minimise waste, Mobec implemented its Battery Second Life programme, refurbishing used EV batteries for less demanding applications. Additionally, advanced Black Mass Reduction techniques allowed Mobec to recycle batteries into reusable raw materials like lithium, cobalt, and nickel, contributing to the circular economy. By prioritising recyclable materials, Mobec significantly reduced mining dependency and environmental pollution.

Future Commitments
Under #PledgeForChange, Mobec is expanding efforts in key areas to further sustainability:

• Circular Economy: Increasing the use of recycled materials in production to reduce resource depletion.
• Advanced Recycling: Scaling black mass recycling operations to recover valuable metals and lower the environmental impact.
• AI Integration: Using artificial intelligence to optimise recycling processes and improve efficiency.
• EV Infrastructure: Introducing innovative charging and storage solutions aligned with the government’s sustainability goals.

While the EV sector has seen notable advancements, including record EV sales and improved infrastructure, significant challenges remain in scaling infrastructure and achieving cost efficiency. Mobec’s initiatives align with India’s 2030 sustainability goals, including 30% EV penetration, net-zero carbon emissions in transportation, and reduced air pollution in urban areas.

Harry Bajaj, CEO and Founder of Mobec, expressed enthusiasm for the campaign, stating, “The extension of the Delhi EV Policy is a demonstration to the government’s dedication to sustainability. At Mobec, we believe collaboration between policymakers, industry leaders, and consumers is essential for a truly green future. The #PledgeForChange campaign embodies our commitment to innovation and sustainability.”

Mobec’s #PledgeForChange campaign is an invitation for individuals, businesses, and policymakers to unite for a sustainable tomorrow. By advocating for circular economy practices, investing in cutting-edge recycling, and fostering EV adoption, Mobec aims to transform India’s mobility sector.

IMFA Partners with JSW Green Energy in Strategic Joint Venture

Bhubaneswar, December 17th, 2024: Indian Metals & Ferro Alloys Ltd (IMFA), the country’s leading fully integrated producer of ferro chrome, announced a joint venture with JSW Green Energy to source renewable energy for its smelting operations. IMFA has signed a binding term sheet with JSW Green Energy One Ltd and JSW Green Energy Seven Ltd, and will invest Rs 83.26 crores in a hybrid project that combines 50 MW AC solar and 100 MW wind for a total contracted capacity of 70 MW. The Company will subsequently sign a power purchase agreement (PPA) as a captive consumer which will be valid for 25 years.

Mr Binoy Agarwalla, Vice President & Head – Power Business Unit said: “As a pioneer in the ferro alloys industry with backward integration into captive power, renewable energy is a key aspect of reducing our carbon footprint. By combining solar and wind power, we are taking a proactive step towards a green future and aligning with the global trend of sustainability.”

IMFA is putting up a 100,000 tonnes per annum greenfield facility at Kalinganagar, Odisha to augment its ferro chrome production in line with increasing demand.

India’s Exports Show Strong 9.6% Growth in November 2024, Maintaining Momentum Amid Global Instability: PHDCCI

India’s total exports accelerated to USD 67.7 billion in November 2024 from USD 61.8 billion in November 2023, registering a 9.6% growth. This robust growth is driven by a double digit growth in exports of electronic goods, engineering goods, rice, and marine products, said Shri Hemant Jain, President, PHDCCI, in a press statement issued here today.

On cumulative basis, India’s overall exports registers a 7.6% increase from USD 498.3 billion in April-November 2023 to USD 536.2 billion in April-November 2024. This growth in exports is driven by strong year-on-year growth in services exports by 14.5% during the same period, said Shri Jain

This resilient momentum in India’s exports trajectory is a testament to India’s evolving manufacturing prowess, unwavering commitment to innovation and strategic policy making, said Shri Hemant Jain.

PHDCCI Highlights Positive Business Outlook Due to Softening WPI

Decline in Wholesale Price Index (WPI) inflation, from 2.3% in October 2024 to 1.8% in November 2024, is fostering positive business sentiments; this trend is likely to lower operational costs for businesses, encouraging domestic demand and economic growth, said Mr. Hemant Jain, President, PHDCCI, in a press statement issued here today.

The decline in prices of primary articles from 8.09% in October 2024 to 5.4% in November 2024 and fuel and power from (-)5.7% in October 2024 to (-)5.8% in November 2024 have led to a decline in WPI, he said.

Food inflation has been softened from 13.5% in October 2024 to 8.6% in November 2024, supported by decline in prices of cereals, vegetables, pulses, fruits and milk, said Mr. Hemant Jain.

We expect WPI inflation to remain benign as subdued inflationary environment will reduce the cost of doing business, boost consumer spending, and strengthen the foundation for sustainable economic growth, he added.

Libas Opens Exclusive Bridal Outlet at Omaxe Chowk, Elevating Retail Landscape

Omaxe Chowk is set to redefine the retail experience with the launch of Libas’ exclusive bridal outlet. The 2,200-square-foot space brings an elegant and curated selection of bridal and festive wear, cementing Omaxe Chowk’s position as a dynamic blend of tradition and modern luxury.

The new store aligns with Libas’ #SajDhajKe campaign, positioning the brand as a one-stop destination for all festive and occasion wear needs. With dedicated sections for lehengas, sarees, ready-to-stitch collections, and the exclusive Libas Art Collection, the outlet features premium fabrics, intricate embellishments, and timeless designs, crafted for the modern bride who seeks elegance and exclusivity.

Mr. Jatin Goel, Executive Director of Omaxe Group, stated, “The opening of Libas’ bridal outlet at Omaxe Chowk is a strategic move that reinforces our vision of offering a premier retail destination blending heritage and luxury. Libas, with its commitment to high-quality bridal and festive wear, aligns with our ethos of delivering exceptional shopping experiences. This store will not only elevate the retail offerings at Omaxe Chowk but will also enhance the retail culture of Chandni Chowk, setting new standards in luxury shopping and reinforcing Omaxe Chowk’s position as a top-tier destination in Delhi.”

The launch of Libas’ bridal store further solidifies Omaxe Chowk as the ultimate retail hub in Chandni Chowk, offering a carefully curated mix of traditional charm and contemporary sophistication. Omaxe Chowk is already home to renowned brands like Tasva, White Hanger, Ram Chandra Krishan Chandra, Chhabra 1818, Odhni, and Koskii. With Libas now joining the fold, the destination continues to attract a discerning clientele seeking the perfect blend of luxury and cultural richness.

This exclusive bridal outlet is a reflection of Omaxe Chowk’s commitment to blending cultural richness with contemporary retail experiences, establishing it as the ultimate destination for discerning shoppers.

RCI Boosts Karnataka’s Luxury Tourism with New Resorts in Collaboration with Rashi Eco Tourism

New Delhi, 17th Dec 2024: RCI, a global leader in vacation exchange services, is excited to announce its latest affiliation with Rashi Eco Tourism Limited in Karnataka. This partnership will bring new opportunities for travellers seeking unique and eco-friendly experiences.

This collaboration provides members access to three of Rashi Eco Tourism’s resorts across Karnataka – Guhantara in Bangalore, Jhari Eco Stay in Chikkamagaluru, and Shilhaandara in Ramanagara. Each resort offers a unique experience, from living in cave-like rooms to enjoying private waterfalls and experiencing one of the country’s longest ziplines.

Guhantara, located off Kanakapura road in Bangalore, is a fascinating underground resort designed to create an experience of living inside a cave, complete with mud-plastered roofs, rocky wall formations, and tribal paintings. The resort offers 20 rooms all equipped with modern amenities, set on an expansive agricultural land.

Jhari Eco Stay, nestled in the lush greenery of Chikkamagaluru, spans over 6 acres plus, an additional 12 acres of coffee plantation. This eco-lodge offers a serene retreat amidst nature, featuring a private waterfall exclusive for its guests.

Shilhaandara in Ramanagara, spread over 3.5 acres plus 10 acres of mango plantations, offering a blend of natural beauty and adventure activities. It houses an elegant 800ft monolith and has one of the longest ziplines in the country. Each property offers a unique blend of luxury and connection with nature, promising unforgettable experiences for their guests.

“Rashi Eco Tourism Limited has been commendable in conceptualizing and designing many landmarks. We are delighted to partner with them and believe this partnership will offer our members more diverse and exciting vacation options,” said Lucas Ramos, Senior Director of Travel & Membership for Asia, Pacific & India.

Mr. C. H. Ramesh and Mr. S. N. Ramesh, founders of Rashi EcoTourism pvt ltd, Krushika and R-Square Designs Pvt. Ltd etc.. expressed excitement about the affiliation- “We are thrilled to partner with RCI. It will be an amazing journey to serve a global audience. Through this collaboration, we promise to provide members with the best offerings and experiences.”

This new affiliation is a commitment to expanding eco-tourism and providing outstanding, creatively designed hospitality experiences to the members.

Stovekraft Ltd. Announces the Launch of the ‘Super Khush 2025’ Sale for its popular ‘Pigeon’ Brand

New Delhi, 16th December 2024 : Stovekraft Ltd., one of India’s leading kitchen and home appliances manufacturers, has launched its much anticipated ‘Super Khush 2025 Sale’ for its popular ‘Pigeon’ brand. The sale offers customers unbeatable combo offers at the welcome the new year with high-quality, innovative appliances and kitchen products from Pigeon. Each combo provides savings of up to 60% on MRP, enabling customers to equip either their own kitchens or even gift their loved ones with thoughtful gifts for New Year.

The ‘Super Khush 2025 Sale’ will feature incredible deals on Pigeon’s wide array of products, including its Cookware range consisting of Pressure Cookers, Non-stick pans and Tawas as well as its appliances such as Ovens, Blenders, Mixers, and Electric Rice Cookers etc.

The ‘Super Khush 2025’ Sale is our way of thanking customers for their trust in the Pigeon brand for more than two decades. This sale will allow more households to experience the quality and innovation behind the Pigeon brand, along with enjoying some great savings.” said Rajendra Gandhi, Managing Director of Stovekraft.

The Super Khush 2025 Sale will be launched this month and the combos will be available across more than 125,000 retail outlets across the country. Customers can also pick up the products at the 200+ Pigeon Exclusive Brand Outlets that are now open in all major cities in the country giving customers nationwide access to these fantastic offers.

Celebrating 25 years since its inception, Pigeon has been synonymous with quality, innovation, and reliability. Stovekraft Ltd., the parent company of Pigeon has also recently launched innovative products such as Air Fryers and a range of Cast Iron cookware for health-conscious consumers.