Category Archives: Business

Decathlon Celebrates 20 Years of Innovation with the Iconic 2- Second Tent

India, 3rd June 2025: As camping gains significant traction across India, Decathlon, one of India’s most loved sports brand, celebrates two decades of disruptive product innovation with the iconic 2- Sec Tent. To mark the anniversary of this revolutionary product, Decathlon is unveiling 6 limited-edition vintage colors of the 2- Sec Tent as a tribute to the roots of adventure, the timeless spirit of camping and to the millions of moments campers have experienced under its roof.

Camping has broken free from its old image of being just for seasoned trekkers or survivalists. Authenticity, sustainability, and solitude are the new luxuries, and camping delivers all three. Today, it’s the adventure of choice for India’s young wanderers—especially those aged 25 to 35—who are eager to trade screen time for green time. Whether it’s pitching a tent by the Ganges, waking up in a coffee estate in Coorg, or glamping under the desert stars in Jaisalmer, this new generation of campers is rewriting the rules of travel.

And the destinations? Just as diverse as the country itself. The north offers alpine lakes and pine forests in Himachal Pradesh and Uttarakhand. Down south, Tamil Nadu and Karnataka tempt with misty hills and spice-scented plantations. Rajasthan’s golden dunes and Maharashtra’s peaceful lakesides now serve as weekend sanctuaries for city souls craving calm.

Camping under the stars sounds magical. But the reality? It often starts with 30 minutes of struggling with tent poles and ends with a sweaty, chaotic attempt to pack it all back before the city calls you home. Even the most passionate campers will tell you that pitching a tent can be surprisingly stressful. Whether you’re a first-time adventurer or a weekend regular, the process—from decoding setup diagrams to wrestling with guy lines—can steal the joy from the journey

At DECATHLON, we’ve reimagined the way India camps—combining technical innovation, climate resilience, and ease of use into one breakthrough product: the 2 Sec Tent.

The camping tent market in India is on the rise, and the numbers speak for themselves. According to a recent report by IMARC Group, the Indian camping tent market is projected to reach ₹1128 crore by 2029, growing at a CAGR of 4.5%. In this growing landscape, Decathlon is poised to command a remarkable 16.4% market share, thanks to one groundbreaking innovation—the 2 Sec Tent, which itself is growing at a CAGR of 10%.

Built for the Wild, Tested for Life: An unmatched connection with Nature.
India’s camping terrain is as diverse as its climate—and we designed this tent to handle it all. With waterproof materials and wind resistance tested at 50 km/hr, the 2 Sec Tent stands strong against surprise showers, sudden gusts, and everything in between.

And because rest is essential to adventure, we’ve added our patented Fresh & Black™ technology. This advanced fabric innovation keeps the tent 100% dark inside, even during the day—ideal for naps after sunrise treks or lazy afternoon retreats. Meanwhile, the “Fresh” feature ensures optimal airflow, keeping the interior cool even in peak heat.

BENEFITS

easy assembly / dismantling Easy assembly/dismantling: Free-standing structure. 2 Seconds pitching system. Guided folding system.

capacity Capacity: Sleeping area 120 X 210 cm. Max. Headroom: 102 cm. Surface area 3.2 m².

easy transport Easy transport: Dimensions of the bag: Ø65×7/23.2L. Weight: 2.9 kg.

heat reduction Heat reduction: Fly sheet and vents. Not equipped with Fresh technology

darknessDarkness: Not equipped with Black technology.

wind resistance Wind resistance: Resists winds of 50km/h (Force 6): validated in wind tunnels on rotating plates.

waterproof Waterproof: Waterproofing (Schmerber): Flysheet > 2000 mm. Groundsheet > 2400 mm

Continuing the Legacy
The 2 Sec pop-up has been transforming camping experiences since 2005. Looking ahead, Decathlon is poised to take the 2 Sec innovation even further—with plans to launch an XL 4-Person Family Tent, designed to bring loved ones together in the great outdoors. Because we believe the best memories are made when there’s room for everyone.

Speaking on the milestone,Sport Director, Decathlon India, Hans Peter JENSEN says, “At Decathlon, our aim is to Move People through the Wonders of Sports. We have democratized the camping experience, breaking down technical barriers and inspiring more spontaneous adventures. The 2 Second tent is more than just a product; it’s an icon, a story passed down through generations, perfectly embodying Decathlon’s commitment to affordable, technical, and truly innovative design with its incredibly easy setup. For two decades, the 2 Second Tent has helped families worldwide connect with nature, often marking their first step into outdoor sports.

Now, in India, where camping is a rapidly expanding practice experiencing a fast-paced growth, we are confident that millions more Indians will discover the joy of camping, and the 2 Second will continue to make that experience even more enjoyable.”

Covasant Technologies Partners With Botminds to Help Indian Enterprises Accelerate Agentic AI Adoption

June 2025, India: Covasant Technologies Private Limited, a pioneer in Agentic AI solutions, based in Hyderabad, India, has announced a strategic partnership with Botminds, an AI-first platform that enables enterprises to build and scale tailored, no-code intelligent agents. Through this strategic collaboration, Covasant aims to empower enterprises to unlock new levels of productivity, operational efficiency, and speed-to-market with enhanced capabilities to deliver scalable, end-to-end, intelligent AI solutions. This partnership will focus on sectors like Healthcare & Life Sciences, BFSI, Manufacturing, and Media & Communications, among others.

At the core of this partnership is a shared vision of helping enterprises transcend traditional automation and embrace autonomous, adaptive, and context-aware business processes. Together, Covasant and Botminds will bring to market a unified platform that empowers enterprises to build and deploy intelligent agents rapidly and at scale, across mission-critical operations.

Announcing this significant partnership, Arghya Bhattacharya, Chief Partner Officer, Covasant, said, “By combining Covasant’s deep domain expertise with Botminds’ cutting-edge agentic automation, we’re delivering a truly differentiated value proposition, custom-built AI services tailored to industry needs. This strategic partnership empowers enterprises to streamline operations, accelerate digital transformation, and unlock sustainable, long-term growth.”

Reddyraja Annareddy, CTO, Covasant, added, “At Covasant, we are building an innovative and comprehensive AI fabric designed to transform enterprise business processes into intelligent, autonomous services. Our strategic partnership with Botminds significantly strengthens our technical capabilities and aligns seamlessly with our mission to make AI adoption fast, frictionless, and impactful for enterprises worldwide.”

Unlocking Agentic AI Autonomy
Gartner forecasts that by 2028, 33% of enterprise software applications will incorporate agentic AI. This partnership marks the beginning of a new chapter in enterprise transformation, where Agentic AI solutions will drive significant improvements in process efficiency, considerable reduction in manual intervention, and acceleration in time-to-market and informed decision-making.

Gokul Ganapathi, CEO, Botminds, said, “This partnership with Covasant furthers our mission to drive enterprise automation at scale. By bringing together Covasant’s domain-rich services and Botminds’ no-code Agentic AI platform, we’re enabling enterprises to embed intelligent agents into core business processes, leapfrogging traditional automation to achieve systems that learn, adapt, and continuously drive better outcomes.”

Addressing a $200 Billion Opportunity
According to a recent McKinsey report, intelligent automation has the potential to create over $200 billion in annual value across major industries by 2030. However, a mere 10% of enterprises globally have fully scaled their automation initiatives, often due to fragmented tools, legacy infrastructure, and the lack of domain-specific AI capabilities. Notably, around 70% of Indian firms surveyed by Deloitte expressed a strong desire to use GenAI for automation, maintaining that these workflows remain a key priority area. The Covasant-Botminds partnership uniquely enables enterprises to leapfrog fragmented automation approaches by offering a unified platform where intelligent agents are designed, deployed, and scaled, with minimal coding and maximum speed, pre-built for industry-specific requirements, drastically reducing the time-to-deployment.

Vikas Anand, VP – Sales, Partnership & Alliances, Botminds, said, “Our partnership with Covasant strengthens our go-to-market by combining their deep domain and service delivery expertise with our no-code Agentic AI platform. Together, we’re better positioned to meet enterprises where they are—with faster deployments, contextual relevance, and industry-aligned AI outcomes.”

Radiowalla Clocks 103% PBT Growth 40% Revenue Surge in H2 FY25

Key Financial Highlights:

YoY Growth:

Mr. Harvinderjit Singh Bhatia, CEO and Co-founder of Radiowalla Network Limited mentioned that this was the first year of the company post its listing on NSE Emerge on April 5, 2024. He further mentioned that Radiowalla Network Limited experienced significant growth in FY25 compared to FY24, driven by strong performance across its core business segments. Radiowalla extended its services to over 10 countries, tapping into new markets and diversifying its revenue streams.

Operational Milestones

• Client Expansion: The active client base marked a 41% increase to 563.
• Retail Store Presence: Radiowalla services nearly 30,000 retail stores in India and abroad.
• Audience Reach: The monthly listener base in the retail stores surpassed 200 million shoppers, reflecting a huge opportunity for Advertisers for a targeted campaign.

Services Performance

• In- Store Audio and Digital Subscription:
  • Audio service continues to be the significant revenue generator with increased subscription revenue and store count.
  • Digital Content Management Services for Screens expanded to 800 screens in the retail stores and will be a growth driver in FY26.
• Digital Out-of-Home (DOOH) Advertising:
  • In-store Audio advertising reflected a substantial growth in FY25 and will be a key growth opportunity in FY26 and beyond
  • Revenue for Digital LED hoardings in Gujarat’s GSRTC bus stations kickstarts in FY25, enhancing the company’s advertising footprint and growth potential.

• Technology Investments: Proceeds from the IPO were allocated to technological advancements, including AI integration and digital signage solutions, setting the stage for revenue expansion and cost optimisation in FY26.

Fixderma Appoints Aakriti Jain as Head of PR & Marketing Communications

New Delhi, 3rd June, 2025: Fixderma, one of the leading dermatologist-prescribed skincare brand, is pleased to announce the appointment of Aakriti Jain as its new Head of PR & Marketing Communications. She will work closely with Shaily Mehrotra, CEO & co-founder Fixderma, to further escalate growth of the company.

With over 13 years of experience in brand storytelling and public relations, Aakriti brings a deep understanding of consumer engagement and media strategy. She has previously worked with some of the most prominent PR agencies in India, managing communication mandates for clients across diverse sectors such as FMCG, corporate, technology, luxury retail, lifestyle, and real estate.

In her new role at Fixderma India Pvt Ltd, Aakriti will be responsible for shaping the brand narrative and implementing integrated marketing strategies that strengthen visibility and consumer resonance. Her mandate includes overseeing high-impact brand campaigns, orchestrating both online and offline activations, and collaborating closely with internal teams and partner agencies to build a cohesive and compelling brand identity.

“We are excited to welcome Aakriti to the Fixderma family. Her depth of experience and nuanced understanding of brand-building across categories makes her a valuable addition to our leadership team. We look forward to her driving Fixderma’s next phase of growth with strategic clarity and creative excellence,” said Shaily Mehrotra, Co-Founder and CEO, Fixderma.

Preetam Jena, Chief Marketing Officer and Head of E-commerce at Fixderma, said, “We are pleased to welcome Aakriti to the Fixderma team. Her strong background in strategic communication and innovative brand building will be a great asset to our leadership. I am confident that her experience will support our growth and enhance our engagement with consumers globally.”

 Commenting on her appointment, Aakriti said, “Fixderma’s commitment to science-backed skincare and its evolving consumer-centric vision deeply resonate with me. I’m thrilled to join a purpose-driven brand and look forward to crafting stories and strategies that continue to build trust, authenticity, and aspiration across markets.

Established in 2010, Fixderma is a leading dermatologist prescribed skincare company known for its innovative approach to skin health. Started with a clear vision of – Fixing your Derm, Fixderma has garnered global recognition, exporting to over 40 countries. Their premium skincare range FCL serves as a bridge between prescription-based treatments and over-the-counter cosmetics, addressing various skin issues such as aging, acne, dryness, and hyperpigmentation.

 Today, Fixderma is trusted by over 15,000+ dermatologists who prescribe our products to their patients. We’re also proud to be preferred sellers across leading marketplaces and recently opened our first flagship store in Gurgaon in 2024, bringing our promise directly to consumers.

Poonawalla Fincorp and IDP Education Partner for Education Loans with Instant Sanctions

Mumbai, June 03 2025 : Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group promoted NBFC, has entered into a strategic partnership with IDP Education, a global leader in international education services, to bridge the financial gap in overseas education with speed, trust, and scale. It aims to enable students to avail fully digital education loans covering their cost of education.

By applying through IDP Education, students can access funds faster for tuition fees, travel, and living expenses, without long waiting periods. IDP Education, which facilitates the enrollment of over a lakh Indian student into leading universities across Australia, the US, the UK and other key countries, will offer PFL’s education loan across its digital platform and 77 offices in 63 cities nationwide. Through this collaboration, PFL has become the only financial partner of IDP Education, providing instant sanctions for education loans.

Commenting on the partnership, Vikas Pandey, Chief Business Officer – Consumer Finance and Head Digital Marketing, Poonawalla Fincorp said, “India is one of the fastest-growing contributors to global education demand, and with that comes a responsibility — and an opportunity — to build systems that support this scale. Our partnership with IDP is not just about enabling individual journeys; it’s about strengthening the infrastructure that underpins India’s global academic ambitions. Together, we’re creating a more dependable and transparent model for how education financing should work at scale.”

“Today’s students are making highly informed choices based on long-term return on investment — not just the course, but the country, career outcomes, and financial planning.,” added, Piyush Kumar Regional Director – South Asia, Canada, Latin America and Mauritius, IDP Education.. “That shift requires all players in the ecosystem — from advisors to lenders — to evolve. With this partnership, we’re meeting students where their real needs lie. We see Poonawalla Fincorp as a partner that understands both the urgency and sensitivity around education financing and brings the kind of digital infrastructure that can make a real difference to students and families navigating these decisions.”

According to a recent study conducted by IDP Education, 66 percent of student respondents identified cost and finances as their biggest concerns when considering international academic opportunities. By joining forces, PFL and IDP are making international education more accessible, helping students achieve their academic aspirations with faster and seamless financing solutions.

Each year, almost 100,000 IDP students are studying at more than 800 universities around the world. It has 800+ partnerships with top educational institutions across Australia, the UK, the US, Canada, Ireland and New Zealand. Through its risk-first approach and collaboration with IDP Education, PFL aims to further strengthen its efforts to become a household name by partnering with families and focusing on a customer cohort aligned with its business model.

Cooper Corporation’s Clean Energy Engines Go Global with First of Many Exports Consignment to USA & Japan

Mumbai / Pune, 3rd June 2025: Cooper Corporation, a globally renowned manufacturer of engines, engine components and generators, proudly announced the dispatch of its first bulk shipment of gas-powered gensets to the United States. This milestone marks the beginning of Cooper’s full-scale export, the first of many to the USA, with the company set to export gensets ranging from 5 kVA to 500 kVA each approved by the US Environmental Protection Agency (EPA).

The flagship 10 kVA and 25 kVA gas genset from Cooper Corporation are the only EPA-compliant engine of its kind in India, showcasing the company’s engineering excellence and commitment to environmental compliance. The gensets, particularly the 25 kVA variant, have received encouraging responses from the American market.

Alongside the US, Cooper is also exporting its V-Twin LPG 10 kVA gensets to Japan, in collaboration with its Japanese partner, Sinfonia. This international expansion signifies Cooper’s growing footprint in the global power solutions industry.

Sharing his thoughts on this proud occasion, Mr. Farrokh N. Cooper, Chairman and Managing Director of Cooper Corporation Pvt. Ltd., said, “Today marks a historic and proud milestone for Cooper Corporation as we commence large-scale exports of EPA-certified gensets to the United States, a testament to our unwavering commitment to innovation, quality, and compliance with global environmental standards. As pioneers in the industry and the only Indian manufacturer of EPA-compliant 25 kVA gas gensets, we are proud to dispatch our first of many bulk shipments of 22 kW gensets to the U.S., while also expanding our global footprint with exports of V-Twin LPG 10 kVA gensets to Japan in partnership with Sinfonia.

On the domestic front, our engines have reliably served the Indian Defence Forces for over a decade, including during Operation Sindoor, and our recent launch of a 50 HP tractor in February 2025 has been met with an encouraging response. These achievements are driven by the dedication of our team, the trust of our customers and suppliers, and our deep roots in Satara, where our legacy spans over a century. Guided by the vision of our founder, Sir Dhanjishah B. Cooper, we remain committed to delivering world-class, India-made solutions to markets around the globe”.

In recent months, the company has also achieved success in the agricultural segment with the launch of its 50 HP tractor in February 2025, receiving strong interest from domestic markets.

Notably, Cooper engines have been used by the Indian Defence Forces for over a decade. They were instrumental in Operation Sindoor, where the structural rigidity of the engine and their reliable performance under challenging conditions earned praise from the Armed Forces.

Rooted in a century of engineering excellence and dedication to national development, Cooper Corporation proudly honors its heritage. Headquartered in Satara, the company traces its origins to its founder, Sir Dhanjishah B. Cooper, who was the first Chief Minister from Satara, a region that has since produced five Chief Ministers of Maharashtra. This rich legacy continues to inspire Cooper’s mission to drive innovation and contribute meaningfully to India’s progress.

For over three decades, Cooper’s products have made a significant impact in the American market, particularly in the Genset segment. Upholding a legacy of consistent success, Cooper has maintained a tradition of excellence driven by innovation, reliability, and performance.

This extraordinary journey has been steered by the visionary leadership of Mr. Farrokh N. Cooper. Under his guidance, the steadfast commitment of Genset material suppliers, officers, workers, and employees has been instrumental in driving sustained growth and earning global recognition.

Recode Studios Expands Footprint with New Store Launch in Delhi’s Rajouri Garden

03rd June, New Delhi : India’s fast-growing beauty and skincare brand, Recode Studios, has announced the launch of its newest retail store in Delhi, marking another significant milestone in its ambitious nationwide expansion. Centrally located at J-117, Rajouri Garden, Delhi-110034, the store is set to bring Recode’s innovative and inclusive product portfolio closer to the capital’s discerning and trend-savvy consumers.

This opening is a part of Recode Studios’ larger mission to strengthen its presence in big metro cities and offer high-quality, affordable beauty products to India’s growing conscious consumer base. The store has been developed carefully to offer a premium and interactive shopping experience, showcasing Recode’s high-rated skincare and makeup products under one roof.

Mr. Rahul Sachdeva Co-Founder of Recode Studios, said, “The opening of our new store in Rajouri Garden is an important milestone in the journey of Recode Studios. Growing our retail footprint enables us to engage more closely with our customers and provide them with a hands-on experience of our products. This store is yet another demonstration of our commitment to bringing high-quality yet affordable beauty solutions to a broader population as well as strengthening the foundation of our brand in India.”

Delhi’s busy commercial environment and wide range of consumers keep it uniquely positioned as a market for Recode Studios to engage with a new generation of beauty enthusiasts who prioritize speed, conscientiousness, and beauty. The brand hopes to elevate the store as a local place for authentic customer engagement and a place to showcase the brand’s commitment to innovation, inclusivity, and affordability.

Since its beginning in 2018, Recode Studios has upended traditional models of beauty retailing by combining research-led innovation, clean ingredient formulations, and global quality standards with strong local consciousness. The Rajouri store reaffirms the brand’s mission to empower consumers pan-India with beauty solutions that offer quality and integrity. With its new Rajouri Garden store, Recode Studios continues to redefine the way modern India shops for beauty, focusing on quality, accessibility, and authenticity in every shopping experience.

Mahindra’s Farm Equipment Business Sells 38914 Tractor Units in India during May 2025

Chandigarh, June 02, 2025: Mahindra & Mahindra Ltd.’s Farm Equipment Business (FEB), part of the Mahindra Group, today announced its tractor sales numbers for May 2025.

Domestic sales in May 2025 were at 38914 units, as against 35237 units during May 2024.

Total tractor sales (Domestic + Exports) during May 2025 were at 40643 units, as against 37109 units for the same period last year. Exports for the month stood at 1729 units.

Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, Mahindra & Mahindra Ltd. said, “We have sold 38914 tractors in the domestic market during May’25, a growth of 10% over last year. Early advancement of above normal Southwest monsoon should bode well for kharif sowing. Land preparation activities are progressing well for paddy sowing. Approval of hike in MSP for Paddy and other kharif crops will bring positive sentiments among farmers. Better reservoir levels , Government announcement of record foodgrain production and introduction of various schemes will help farmers aim higher productivity going forward and in turn augur well for tractor demand. In the exports market, we have sold 1729 tractors.”

Honeywell and NTPC Green plan to jointly propel India’s sustainable aviation fuel ambitions

Mumbai, India, June 2, 2025 – Honeywell has signed a Memorandum of Understanding (MoU) with NTPC Green to explore the production of sustainable aviation fuel (SAF) in India. The companies will explore the use of Honeywell’s proprietary eFining™ technology to produce SAF from carbon dioxide (CO2) feedstock captured from NTPC’s power plants and green hydrogen.

The collaboration aims to help decarbonization goals and support airlines in their effort to meet carbon reduction targets. The agreement further supports India’s energy security objectives and underscore’s Honeywell’s alignment to the energy megatrend.

“SAF production forms the sizeable part of the ambitious Green Hydrogen Hub of NTPC Green in Pudimadaka, Andhra Pradesh. We believe that the mandate in the aviation sector for blending SAF in jet fuel will drive many early mover projects in green hydrogen,” said DMR Panda, Executive Director (Green Hydrogen), NTPC Ltd.

The collaboration brings together Honeywell UOP’s expertise in SAF production and NTPC’s leadership in green hydrogen projects development. SAF is seen as a critical tool to help decarbonize the aviation sector.

“We are excited to work with NTPC Green on this initiative to advance India’s transition towards cleaner aviation fuels and goal of working toward carbon neutrality,” said Ranjit Kulkarni, Vice President and General Manager, Energy and Sustainability Solutions, Honeywell India. “Our collaboration with NTPC Green will leverage Honeywell’s expertise in SAF solutions to efficiently treat emissions from thermal energy, foster green hydrogen adoption, diversify feedstocks for SAF production and help India’s aviation sector meet its long-term environmental goals.”

The study, expected to be completed by mid-2025, will support India’s dual mission of positioning itself as a SAF hub and achieving its emissions reduction goals by building a pathway toward promoting the production and export of SAF to other regions.

Cape May Studios partners with Amagi to launch Global FAST Channels: Panic TV and Panico TV Espanol

New Delhi, India, June 2nd, 2025: Cape May Studios, a next-gen media company building streaming brands for deeply engaged fan communities, has announced a strategic partnership with Amagi, a cloud-based SaaS technology solutions provider for broadcast and streaming TV providers. , to launch and distribute two Free Ad-Supported Streaming TV (FAST) Channels: Panic TV and Pánico TV Español.

Under this collaboration, Amagi will manage the creation, playout, and global distribution of both channels. Amagi aims to enable Cape May Studios to deliver its signature curation of thriller, horror, sci-fi, crime, action, and suspense content to global audiences in both English and Spanish.

Panic TV is a curated destination for fans of “recreational fear.” It offers award-winning and genre-defying films and series content from today’s boldest young storytellers in multiple genres, such as Action, Thriller, Mystery, Crime, Paranormal, Sci-Fi, Horror, and Creature Features. Built for Millennials and Gen Z (18–40), it meets the demand for bold, authentic, and thought-provoking content that resonates with the digital-native generation.

Pánico TV Español expands this vision with original and dubbed content catering to the rapidly growing Spanish-speaking audience worldwide.

Amagi aims to provide a suite of channel creation, distribution, and monetization solutions. The company’s clients include some of the world’s biggest names.

“The convergence of genre storytelling and digital streaming has never been more potent,” said Sachin Gokhale, Founder & CEO of Cape May Studios. “With Amagi’s global infrastructure and proven expertise in FAST, we can now scale our content strategy across continents, languages, and platforms – meeting audiences where they are, with the stories they crave.”

“Cape May Studios is entering the FAST space with a sharp brand identity and an eye on global opportunity,” said Srinivasan KA, Co-founder and Chief Revenue Officer of Amagi. “We’re excited to help them bring Panic TV and Pánico TV Español to life through our unique solutions in cloud playout, ad insertion, and seamless distribution to top-tier digital platforms around the world.”

Both Panic TV & Pánico TV Español will debut across multiple FAST platforms in North America, Latin America, Europe, and other markets over the coming weeks. This marks a major milestone for Cape May Studios as it builds its footprint in the global streaming ecosystem.

This partnership underscores how Independent Content Studios are leveraging FAST and cloud-native solutions to reach global audiences without the overhead of traditional broadcasting models. With bilingual offerings and a growing slate of original content, Cape May Studios is primed to engage genre fans across regions and languages.