18, Jan 2024
Property prices surged 18.8% YoY and 3.97% QoQ Magicbricks PropIndex Report
New Delhi, January 18, 2024 – Magicbricks, India’s leading real estate platform, released its flagship PropIndex Report OND which observed that property prices across 13 prime cities increased 18.8% YoY and 3.97% QoQ between Oct-Dec 2023. Notably, Gurugram (32.1% YoY), Greater Noida (31% YoY), Noida (26.1% YoY), and Hyderabad (15.8% YoY) exhibited the highest appreciation during this period.
Drawing insights from the behavior and preferences of over 2 crore customers within the primary (first time sale) and secondary (resale) residential real estate market on the Magicbricks platform, the report indicated that while demand (searches) increased 2.0% YoY, it decreased 16.9% QoQ primarily due to rising property prices. The analysis further highlighted that residential supply (listings) reduced 16.9% YoY, with exceptions in Mumbai (4.2% YoY) and Hyderabad (0.4% YoY), where supply increased.
Elaborating on the findings, Abhishek Bhadra, Head of Research, Magicbricks, shared, “The year 2023 served as a pivotal period for the real estate sector, witnessing an exponential surge in residential demand propelled by robust macroeconomic factors and positive customer sentiment. However, constrained residential supply and increasing home loan rates had an inflationary impact on residential prices, subsequently declining demand this quarter. Despite these short-term challenges, we foresee a positive trajectory for residential demand in the medium to long term, anticipating a rebound in supply and moderation in residential prices.”
The report concluded that the affordable housing market flourished in Ahmedabad (62%) and Kolkata (48%) and luxury properties were most searched in MMR (90%), New Delhi (58%) and Gurugram (48%).
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- By Rabindra
18, Jan 2024
Zee Media Corporation Limited and Greenply Unite to Honour Craftsmen
In a momentous collaboration that amplifies the essence of creativity and recognition, Zee Media Corporation Limited proudly joins forces with Greenply to present the highly anticipated Season 2 of Hindustan Ki Shaan Awards, 2024. This joint endeavour is a shared commitment to pay tribute to the skill and dedication of carpenters and contractors, shaping the aesthetics of our living spaces. The event will telecasted on Zee Media channels along with its digital properties.
Stepping boldly into the digital age, Zee Media Corporation Limited, in collaboration with Greenply for Hindustan Ki Shaan Awards Season 2, is not only primed to unveil a grand celebration of craftsmanship but also dedicated to amplifying this spectacle across the digital landscape. In the contemporary hub of connectivity, Zee Media Corporation Limited looks forward to orchestrating a meticulously curated promotional extravaganza.
Through strategically shared stories and showcases of the extraordinary creations by carpenters and contractors, their talent is poised to resonate widely. This digital facet of the collaboration adds a dynamic layer, underscoring that Hindustan Ki Shaan Awards Season 2 transcends traditional boundaries, offering an immersive and inclusive experience. Central to Season 2 is the release of the official anthem, ‘Humein Aage Badhna Aata Hai’, a soul-stirring composition by the legendary Padma Bhushan awardee, Shri Udit Narayan. Composed by the highly acclaimed Nilotpal Bora, the anthem serves as a lyrical celebration of the indispensable role played by carpenters in shaping the spaces we call our own.
Yatnesh Pandey, VP of Marketing, Greenply Industries, speaks on the essence of the awards, stating, “Hindustan Ki Shaan (HKS) Awards is an immersive tribute to the carpenter & contractor community, the heartbeat of the interior design industry. Through various programs, we engage, support and upskill them. With HKS, our endeavour is to recognize the immense talent of the carpenter community and give them a platform to showcase their craftsmanship.”
Echoing this sentiment, Anindya Khare, Marketing Head of Zee Media Corporation Limited, highlighted, “Our partnership with Greenply for Hindustan Ki Shaan Awards Season 2 is more than a collaboration; it’s a collective effort to recognize and honor the craftsmen whose hands create the magic within the walls of our homes. This collaboration is a testament to our joint commitment to fostering an environment that appreciates and applauds the artisans behind the scenes.”
Zee Media Corporation Ltd, one of India’s leading media companies, has a strong presence in the news and regional genres, with 16 news channels in seven different languages, reaching more than 528+ million viewers through its linear and digital properties.
Greenply Industries Limited (GIL) is a leading Indian interior infrastructure brand, producing superior quality plywood and allied products, decorative veneers, and Medium Density Fibre (MDF) boards. It has always been in forefront driving product innovations, ensuring a steady supply of health-safe products to its discerning consumers. The Company provides world-class interior products for the domestic and global markets and introduced Zero Emission plywood in the country. Greenply is always committed towards developing eco-friendly products and services. With a vision of a greener tomorrow, Greenply will be actively engaged in the environmental and social well-being of the community.
18, Jan 2024
Resumod’s Resume Creation and Personal Website Builder
18th January 2024, New Delhi: Resumod, a pioneer in online resume building since its inception in 2019, announced the launch of two transformative features, redefining the realm of resume creation and personal branding.
The first feature is the launch of a Personal Website at the click of a button for anyone. Everyone desires to have a personal website but lacks the resources and know-how. Resumod’s feature is designed to empower individuals with the ability to establish their online presence effortlessly. Overcoming the common hurdle of technological unfamiliarity, our user-friendly platform enables individuals to craft a personalized mini-website within a few minutes.
This innovative tool serves as a dynamic virtual visiting card, providing users with a streamlined solution to showcase their professional identity. Featuring a seamlessly integrated download button, the website conveniently facilitates access to the user’s resume.
Furthermore, Resumod offers a swift and efficient resume creation process by allowing users to generate a new resume directly from their LinkedIn profile in less than five seconds. Simplifying the entire experience, users need only input their URL to witness the transformative capabilities of Resumod’s technology.
Users can now effortlessly import their professional experience into Resumod by just copy-pasting their LinkedIn Public Profile URL. This intuitive integration streamlines the resume creation process. From an industry perspective, this feature enhances the accuracy and efficiency of resume data input, ensuring that professionals present a comprehensive and up-to-date overview of their skills and experiences. For HR professionals, this means quicker and more reliable access to pertinent information, expediting the hiring process and improving the overall efficiency of talent acquisition.
Furthermore, Resumod empowers users to craft personalized websites in just 10 seconds. Featuring a range of pre-designed templates, users can import data from their resumes, incorporate social links, and in just 5 clickstreams, their professional website is ready. Personal websites offer a unique advantage in the hiring process, enabling employers to explore candidates beyond the constraints of traditional resumes. This feature, from an industry standpoint, supports a more holistic evaluation of candidates, promoting a richer understanding of their capabilities and potential cultural fit within an organization.
Resumod’s adaptability to the changing needs of job seekers, incorporating AI into the platform to facilitate quick and efficient resume creation. The platform’s user-centric approach ensures a hassle-free process, with features like content suggestions and a goal of making profile/ resume building a seamless experience using top-notch technology.
The impact of these features has been remarkable since their introduction in December. Within a mere 15 days, 5000 users leveraged the LinkedIn integration to enhance their resumes. Simultaneously, 2000 users embraced the platform, transforming their resumes into dynamic personal websites. Resumod’s speed and cost-effectiveness, allowing users to create resumes in seconds, and its focus on maintaining international standards.
The founder of Resumod Mr. Rajat Vashishta commented, “These features are a testament to our commitment to providing innovative solutions for professionals. We are thrilled to see that users are liking these features and using them enthusiastically. This motivates us to continue pushing boundaries in the realm of online career development.”
Resumod remains at the forefront of innovation in online resume building, offering a user-friendly interface coupled with feature-rich solutions. These innovations are designed to empower professionals, enabling them to stand out in today’s fiercely competitive job market. Resumod.co remains committed to innovation, incorporating AI, providing diverse customization options, and staying ahead of industry trends with over 1 Lakh users choosing Resumod for their resumes, the platform stands out in the evolving landscape of online resume building.
The combination of ATS-friendly resumes and AI-driven optimization tools is a powerful strategy for navigating the complexities of the modern job market. It not only ensures that resumes meet the criteria set by applicant tracking systems but also positions candidates as proactive and adaptable in utilizing technology to enhance their professional profiles.
Recruiters can quickly identify well-matched candidates, streamlining the hiring process and saving valuable time. For job seekers, this means an increased likelihood of making it to the next stages of the recruitment process, ultimately improving their chances of securing desired job opportunities.
18, Jan 2024
Aditya Birla Finance partners with KL Rahul to unveil an Integrated Marketing
Bengaluru, January 18, 2024: Aditya Birla Finance Ltd (ABFL) today announced that it has collaborated with cricket maestro KL Rahul to promote the brand’s philosophy of empowering individuals and enriching their lives through an all-new integrated campaign- ‘Ab Kahani Badlegi’. The ad campaign features KL Rahul recounting his milestones in life and drawing parallels with the journeys of successful individuals. He highlights the pivotal role played by various loan solutions offered by ABFL that support individuals by helping them fulfil their aspirations.
The campaign opens with a glimpse of KL Rahul’s small-town origins, featuring a game of cricket being played in a narrow lane where he, as a young boy, takes the first step towards his extraordinary journey. The narrative unfolds further by reflecting Rahul’s evolution as he seamlessly transitions through various life stages, illustrating the evolution of his journey and simultaneously weaving in narrating the achievements of individuals made possible through the diverse financial solutions ABFL offers.
KL Rahul’s unwavering reliability is exemplified by his prolific track record and captivating leadership finesse, along with the trustworthiness that Aditya Birla Finance offers its customers. He showcases an array of shots for every ball, traits mirrored by ABFL in its commitment to providing a range of loan-related proposition offerings to diverse individuals, supporting MSMEs and SMEs, as well as nurturing entrepreneurs. Rahul’s emphatic and selfless leadership style resonates with ABFL’s endeavour to contribute to the country’s economic growth, thereby underlining the theme ‘Ab Kahani Badlegi’
Mr. Rakesh Singh, MD & CEO Aditya Birla Finance Ltd., said, “We are thrilled to collaborate with KL Rahul. His journey and achievements reflect our commitment to empowering individuals to achieve their aspirations, and we believe that his association with ABFL will elevate our marketing efforts to new heights. As a leading financial institution, ABFL offers a diverse range of loan solutions that cater to the diverse needs of our customers, and we are confident that our partnership with KL Rahul will help us connect with a wider audience and further strengthen our bond with them.”
Ms. Darshana Shah, Head of Marketing & Customer Experience, Aditya Birla Capital, said, “Cricket as a sport inspires the Indian masses, and we chose KL Rahul as his journey closely resonates with everyone. As a cricketer, he has overcome all odds to make his mark on the Indian cricket team. We want all individuals to draw inspiration from our campaign ‘Ab Kahani Badlegi’ and transform their life stories with ABFL as their trusted partner who will support them in overcoming financial challenges on their way to success. We want to enhance people’s lives and empower them to rewrite their story with the help of our loan solutions.”
Speaking on the association, KL Rahul said, “Driven by a shared belief, this collaboration aims to provide everyone, regardless of their background, the chance to write their own unique success narrative. Aligned with Aditya Birla Finance’s mission, my goal is to empower individuals to lead and control their financial destinies. This transcends beyond a mere partnership; it holds a deeper significance for me.”
The campaign – ‘Ab Kahani Badlegi’ showcases ABFL as a financial powerhouse with products and services ranging from Personal loans, Business loans – Udyog plus (a holistic business solutions platform), SME loans, Loan against property with minimum documentation, Faster disbursement, and Flexi loan facility with a 100% online process that empower consumers to realize their long-held aspirations. Launched across television and digital platforms, this nationwide campaign will extend its reach across all age groups
18, Jan 2024
AnyMind Group appoints Gargee Banerjee as Associate Vice President, D2C, India
Mumbai, 18th January 2024: AnyMind Group [TSE:5027], a technology company for the business supply chain, has appointed Gargee Banerjee as Associate Vice President, D2C, India. Gargee, who has worked across India in metros and emerging markets brings in her expertise in revenue and operations management and will work towards helping the company capture potential growth opportunities across mid-market segments/companies.
Currently, Indian mid-market companies hold high valuations and are set to lead M&A in the coming years. Gargee, who holds nearly two decades of experience in digital, radio, and print, will spearhead the new vertical, which aims to support and offer e-commerce and marketing solutions to small and medium enterprises (SMEs). This step comes as a part of AnyMind Group’s expansion of offerings globally and in Indian markets.
Gargee has worked with teams in building and leading verticals with high-performing teams that imbibe a solutions-based approach. In her entire career span, she has worked in leadership positions in DNA, DB Corp Ltd (Radio Div), Big FM, and Saatchi & Saatchi wherein she handled the accounts of Videocon, Ranbaxy, Radio Khaitan, British High Commission, and ONGC amongst others.
Speaking on her new role at AnyMind Group, Gargee Banerjee commented, “I am excited to be a part of AnyMind Group India. The sector of SMEs is a major benefactor to the social and economic development of the country. In India, this sector has gained prominence due to its contribution to the Gross Domestic Product (GDP) and exports of the country. Initially, the marketing mix of these SMEs revolved around the traditional practices, however, with the introduction of Digital India and the COVID-19 pandemic, a shift towards adopting digital media marketing and e-commerce practices is evident. In my new role as the Leader of the D2C business vertical in India, I look forward to tapping this vast potential with AnyMind offerings and expanding and penetrating the group’s reach further.”
Speaking on the appointment of Gargee Banerjee, Rubeena Singh – Country Manager India & MENA, AnyMind Group said, “We are elated to welcome Gargee onboard at AnyMind India. As we continue our journey towards making every business borderless through our technology, Gargee’s addition brings in the right mix of knowledge and expertise as we continue strengthening our focus on delivering digital transformation to businesses of all sizes and expanding our focus to also serve mid-market clients. We look forward to working with her.”
18, Jan 2024
New Year special collection from Brune & Bareskin
Step into the New Year with style as Brune & Bareskin, the epitome of luxury in the world of fashion, presents its much-anticipated New Year Special Footwear Collection.
This exquisite collection features a stunning array of Classic Cuban Boots and Chunky Boots, meticulously crafted to elevate your fashion game and make a bold statement in 2023. The Classic Cuban Boots showcase timeless elegance, blending sophistication with a touch of rugged charm, while the Chunky Boots exude contemporary flair and unmatched comfort.
Designed to cater to the diverse tastes of the modern connoisseur, each pair in this collection is a testament to Brune & Bareskin’s commitment to unparalleled craftsmanship and style. Embrace the spirit of the New Year with these must-have footwear pieces, available now at Brune & Bareskin stores and online.
Make every step count with Brune & Bareskin’s New Year Special Footwear Collection, where fashion meets excellence.
18, Jan 2024
Innovative Farming Solutions for Women Farmers by VST Tillers Tractors at the Krushi Odisha 2024 Exhibition
18 January 2024: VST Tillers Tractors Ltd, one of India’s leading farm equipment manufacturers, showcased its range of innovative products at the Krushi Odisha exhibition at Janata Maidan, Jaydev Vihar, Bhubaneswar. In line with the theme of the exhibition ‘Celebrating Women in Agriculture’ VST is displaying smart farm machines that are compact, handy, and easy to use for women farmers. Honourable Chief Minister Shri Naveen Patnaik Inaugurated the exhibition.
VST Tillers Tractors, which commands a leadership position in power tillers with more than 70 percent market share, is working with the State Government towards women empowerment in Agriculture by supporting them with innovative Smart Farm Machines.
It was a wide range of products from 2 HP to 50 HP used in different applications and crops The Products were appreciated by women farmers, WSHG, and officials of the agriculture and food production department at the exhibition. Major attractions at the stall were the remote-controlled power tiller, electric start 16 HP power tiller & 932 DI owners’ tractor (32 HP category).
Another attraction from VST Tillers Tractors at the show is, the VST 929DI EGT compact tractor which is equipped with a three-cylinder 30 HP category DI Engine, and offers higher power, Torque, and greater fuel efficiency. The Tractors is available with a unique DUAL TRAC feature to manage the narrowest working in the sugarcane field while operating with Standard Trac in other fields. VST’s Series 9 range of tractors are equipped with multiple features to meet the growing needs of farm mechanization at Orchard, vineyards, and Horticulture farms, some of the features like Fully Synchromesh Gearbox, and MID, RPTO, Independent PTO options are first-time in its segment Premium.
Krushi Odisha
Department of Agriculture & Farmers Empowerment, Govt of Odisha is organizing the ‘Krushi Odisha 2024’, a three-day event from 12-14th January 2024 in Janata Maidan, Bhubaneswar, Odisha. FICCI is a partner for the event. The theme for the event is ‘Celebrating Women in Agriculture’. The objective of the event is to recognize the contribution of women in the field of Agriculture and allied sectors and to initiate a platform for interface and linkage among women farmers, SHGs, women agri- agri-entrepreneurs, market players, service providers, agri-preneurs, and industry.
18, Jan 2024
Credgenics adds renowned banking industry veteran Mr. Ravindra Pandey as Strategic Advisor to the leadership team
India, January 18th, 2024: Credgenics, a leading provider of advanced loan collections and debt resolution technology solutions for Banks, NBFCs, ARCs, and Digital Lending firms worldwide, announces the appointment of Mr. Ravindra Pandey as a Strategic Advisor. In this role, he will be an invaluable asset to Credgenics, contributing with strategic guidance and leveraging his deep understanding of the banking industry to enhance the company’s market presence. He will guide the executive team in driving the business growth plans ahead for the company.
Ravindra Pandey’s illustrious career of 37 years at the State Bank of India speaks volumes about his deep understanding of the banking industry and expertise in shaping complex digital transformation initiatives. His success as Dy Managing Director & CIO and Dy MD (Corporate strategy) & Chief Digital Officer at the State Bank of India, showcase his proficiency as a banking strategist, passionate leader, and flag-bearer of innovation. As Digital Banking strategist, he has led adoption of several emerging, disruptive, and innovative processes.
Rishabh Goel, Co-founder, and CEO of Credgenics said, “We are thrilled to welcome Mr. Ravindra Pandey to Credgenics as a Strategic Advisor to the team. His extensive knowledge and leadership in digital banking, credit management, and technology transformation will be instrumental in steering Credgenics towards new heights of success. This appointment underscores our commitment to delivering unparalleled tech solutions and reinforces our position as a leader in the financial services industry”.
As a senior banker, Ravindra has also served on the board of several large and highly reputed organizations, demonstrating his ability to provide valuable strategic directions, and set highest standards of corporate governance and compliance culture. He is, at present, on the boards of several highly reputed organisations as an independent director. His rich leadership experience covers all facets of banking, including Digital Banking, Credit Management, SME Banking, Risk and Compliance, International Banking, Rural Credit, Financial Inclusion, and operational expertise.
Ravindra Pandey, Strategic Advisor at Credgenics said, “I am very excited to be a part of Credgenics at a crucial time when the financial services industry is witnessing a significant transformation powered with collaborative approaches by the Government, Regulator, industry players and technology providers. Credgenics, with its innovative tech approach and commitment to excellence, is well-positioned to lead the transformation in the debt management space. I look forward to contributing to the company’s journey of sustained success and innovation”.
Credgenics looks forward to leveraging Ravindra’s expertise as the company continues to drive innovation and excellence in the BFSI sector.
18, Jan 2024
Experience the Epitome of Adventure with Exclusive Deals from Scoot
India – Unlock new travel adventures this year with Scoot, the low-cost subsidiary of Singapore Airlines (SIA), with its launch of an exciting network sale, happening from 10 am (SGT) on16 January 2024 to 9:29 pm (SGT) on 22 January 2024.
With irresistible airfares starting from INR 4,288 for selected travel periods in 2024, start planning for your 2024 dream getaways to over 55 adventure-filled destinations including, Bali, Bangkok, and Ho Chi Minh City, Langkawi and Penang.
With more than 150,000 promotional seats for sale across Scoot’s network, make your journeys hassle-free with perks such as 10kg of cabin baggage allowance and the choice of a range of travel destinations and dates that fit your schedule. Travel with peace of mind with Scoot’s MultiFlex product, which allows unlimited flight date/time changes per booking with no change fees.
Passengers will also enjoy a seamless and unique experience with Scoot’s pay-as-you-need model that caters to different needs and preferences. This includes additional baggage allowance, meals and upgrade to an enhanced in-flight experience on ScootPlus, which provides 30kg checked baggage allowance, 15kg of cabin baggage allowance, priority boarding, choice of meal and beverage, complimentary Wi-Fi access and more.
IN Jan Network Sale
- Fares are one-way Economy FLY promotional fares, out of India, including taxes.
- More than 30 destinations on sale. Destinations to highlight: Bali, Bangkok, Ho Chi Minh City, Langkawi and Penang
| Travel period for customers travelling from Coimbatore, Chennai, Thiruvananthapuram, and Vishakhapatnam
|
| · 01 February 2024 – 23 April 2024 |
| · 20 May 2024 – 11 Dec 2024 |
| Travel period for customers travelling from Amritsar
|
| · 28 Mar 2024 – 25 Oct 2024 |
| Travel period for customers travelling from Tiruchirappalli
|
| · 01 Feb 2024 – 28 Apr 2024 |
| · 01 Jul 2024 – 15 Dec 2024 |
Note: Additional blackout periods may apply over school holidays and event periods
| Rates starting from (INR) | ||||
| Amritsar | Coimbatore | Thiruvananthapuram | ||
| To | Bangkok | 9,800 | 8,900 | 9,000 |
| Penang | 8,400 | 7,800 | 7,800 | |
| Langkawi | 8,400 | 7,800 | 7,800 | |
| Denpasar | 10,500 | 9,500 | 9,500 | |
| Singapore | 8,500 | 8,500 | 7,900 | |
| Tiruchirappalli | Vishakhapatnam | Chennai | ||
| To | Bangkok | 8,900 | 8,900 | 8,900 |
| Penang | 8,200 | 7,900 | 8,200 | |
| Langkawi | 8,200 | 7,900 | 7,700 | |
| Denpasar | 9,500 | 8,900 | 9,500 | |
| Singapore | 8,200 | 8,200 | 8,200 | |
ScootPlus
| Rates starting from (INR) | ||
| Amritsar | ||
| To | Singapore | 13,300 |
| Bangkok | 20,900 | |
| Denpasar | 22,900 | |
| Incheon | 32,900 | |
| Narita | 44,900 | |
| Osaka | 43,900 | |
| Taipei | 27,900 | |
| Sydney | 36,900 | |
| Melbourne | 36,900 | |
| Perth | 32,900 | |
18, Jan 2024
Wardwizard Innovations and Mobility Announces Q3 FY24 Results
National, 18th January 2024 – Wardwizard Innovations & Mobility Limited (BSE Code: 538970), a leading auto manufacturing company in the EV segment, has announced its Unaudited Financial Results for the Q3 FY24.
Standalone Q3 FY24 Key Financials at a Glance
| Particulars (₹ Crore) | Q3 FY24 | Q3 FY23 | YoY Change |
| Total Revenues | 106.32 | 69.83 | 52.27 % |
| EBITDA | 11.50 | 6.49 | 77.22 % |
| EBITDA (%) | 10.82 | 9.29 | 152.32 Bps |
| PAT | 5.70 | 3.43 | 66.12 % |
| PAT (%) | 5.36 | 4.91 | 44.73 Bps |
| EPS (₹) | 0.22 | 0.14 | 57.14 % |
Consolidated Q3 FY24 Key Financials at a Glance
| Particulars (₹ Crore) | Q3 FY24 | Q3 FY23 | YoY Change |
| Total Revenues | 106.32 | 69.83 | 52.27 % |
| EBITDA | 11.22 | 6.20 | 80.94 % |
| EBITDA (%) | 10.55 | 8.88 | 167.18 Bps |
| PAT | 5.35 | 3.36 | 59.38 % |
| PAT (%) | 5.03 | 4.81 | 22.44 Bps |
| EPS (₹) | 0.21 | 0.13 | 61.54 % |
Commenting on the performance, Mr. Yatin Gupte – Chairman & Managing Director of Wardwizard Innovations & Mobility Limited said, “We are delighted to announce our exceptional financial performance in Q3 FY24, highlighting robust growth that reflects our commitment to delivering sustainable and innovative electric mobility solutions to the dynamic Indian market. The increase in sales volume indicates a rising acceptance of our offerings. Our strategic investments in marketing have yielded positive results, and we anticipate the upward trajectory of sales volume to persist. This, in turn, will fortify our company’s performance with a positive bias. As we actively pursue further expansion and development, Wardwizard has successfully appointed intermediaries for our fundraising activities. This strategic move positions us well for future growth and development as we continue to navigate the dynamic landscape of the electric vehicle industry.”
| Highlights for Q3 FY24 (October 2023 – December 2023) | |
| Development of the Electric Vehicle Ancillary Cluster | The Company has signed a Rs. 2,000 Crore MOU with the Gujarat Government to develop an Electric Vehicle Ancillary Cluster by 2024, targeting 5,000 job opportunities by 2024. |
| Joy e-bike Expands Reach | Wardwizard’s ‘Joy e-bike’ brand achieves a remarkable feat, opening 100+ exclusive showrooms and 750+ touchpoints across India in just six months. The showrooms feature a range of electric two-wheelers, including the durable MIHOS scooter made with advanced PDCPD material. |
| Wardwizard Innovations & Mobility partners with Triton EV | Wardwizard partners with Triton for a five-year collaboration in India and the UAE. Triton EV selects WIML as its manufacturing partner for Battery Operated trucks, expanding to Two-wheelers and Three-wheelers. The collaboration includes technology transfer for hydrogen battery packs and a commitment to green mobility. |
| Sales Milestone | Wardwizard’s “Joy e-bike” sold 2,563 electric two-wheelers in November ’23, surpassing 9,800 units from August to November. The company marked its expansion with 100+ showrooms and 750+ touch points nationwide, emphasizing accessibility and customer service. Wardwizard’s growth signifies rising demand and trust in its electric vehicles. |
| Joy e-bike & BEEAH Group Collaboration | Joy e-bike partners with BEEAH Group for sustainable electric vehicles in GCC and Africa. The alliance aims to study feasibility for various electric vehicles in the UAE, with BEEAH providing tech support and leveraging its network. The collaboration emphasizes advancing green mobility in line with government goals. |
