Veritas Finance Limited files DRHP with SEBI for an IPO

Chandigarh, January 21, 2025: Veritas Finance Limited, a retail-focused non-deposit-taking NBFC registered with the Reserve Bank of India (“RBI”), and under the scale-based regulations of the RBI, classified as an ‘NBFC-Middle Layer’, has filed the Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO).

As a diversified, retail-focused NBFC, it primarily provides small business loans to micro, small, and medium enterprises (“MSMEs”) and self-employed individuals, and over the years, has expanded its business to include home loans and used commercial vehicle loans.

The public offer aggregating up to Rs. 2,800 crore comprises a fresh issue of equity shares aggregating up to Rs. 600 crores (“THE FRESH ISSUE”) and an offer for sale of equity shares aggregating up to Rs. 2,200 crores by the Selling Shareholders (“OFFER FOR SALE”) with a face value of ₹10 each per equity share. The public offer includes a reservation of equity shares for subscription by Eligible employees (“EMPLOYEE RESERVATION PORTION”).

The company proposes to utilize the net proceeds towards augmenting its capital base to meet future business requirements of the company towards onward lending.

The Offer for Sale of up to Rs 2,200 crore comprises equity shares aggregating up to Rs. 550 crores by Norwest Venture Partners X – Mauritius; up to Rs. 550 crore by Kedaara Capital Fund II LLP; up to Rs. 500 crores by British International Investment plc; up to Rs. 425 crores by Lok Capital Growth Fund; up to Rs. 75 crores by Growth Catalyst Partners LLC (Collectively Referred to as the “Investor Selling Shareholders”) and equity shares aggregating up to Rs. 36 crore by Vidya Arulmany; up to Rs. 21 crore by P. Surendra Pai; up to Rs. 21 crore by Savita S. Pai; up to Rs. 14 crore by Sheela Pai Cole and up to Rs. 8 crore by Moneisha Sharad Gandhi (Collectively The “Individual Selling Shareholder” and along with The Investor Selling Shareholders As The “Selling Shareholders”) (“OFFER FOR SALE”, And together with THE FRESH ISSUE, The “OFFER”).]

The company, in consultation with the BRLMs, may consider a Pre-IPO placement of specified securities aggregating up to Rs. 120 crore as may be permitted under applicable law, prior to filing of the red herring prospectus with the roc (“PRE-IPO PLACEMENT”). The Pre-IPO placement, if undertaken, will be at a price to be decided by the company, in consultation with the BRLMs. If the PRE-IPO placement is completed, the amount raised pursuant to the PRE-IPO placement will be reduced from the fresh Issue, subject to compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended.

Established in 2015, Veritas Finance is a non-deposit taking non-banking financial company (“NBFC”) registered with the Reserve Bank of India (“RBI”), and under the scale-based regulations of the RBI, is classified as an ‘NBFC-Middle Layer’. As a diversified, retail-focused NBFC, it primarily provide small business loans to micro, small and medium enterprises (“MSMEs”) and self-employed individuals, and over the years, have expanded its business to include home loans and used commercial vehicle loans. According to CRISIL MI&A, it is the fastest-growing NBFC in terms of Loans (AUM) growth among compared peers for the period between the Financial Years 2022 to 2024, with a compounded annual growth rate (“CAGR”) of 61.76%. The company focuses on addressing the financial needs of underserved and underbanked MSMEs and individuals by providing access to credit.

ICICI Securities Limited, HDFC Bank Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited and Nuvama Wealth Management Limited are the Book Running Lead Managers to the issue.

The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on the Stock Exchanges, being BSE Limited (the “BSE”) and National Stock Exchange of India Limited (the “NSE”, together with BSE, the “Stock Exchanges”).

SOCIAL Revolutionizes Co-Working in India with Unique New Space Concept

Hyderabad, January 2025: SOCIAL, India’s favourite neighborhood café announces the expansion of its co-working model – SOCIAL Works to 50+ locations in 10 cities. Introduced 10 years ago as the country’s first co-working space, SOCIAL Works was designed to cater to freelancers and professionals seeking an alternative to traditional offices. Now, with SOCIAL Works, SOCIAL is extending its reach to new neighborhoods and pincodes, offering dynamic workspaces where professionals can collaborate, create, and thrive in cities like Mumbai, Delhi NCR, Bangalore, Pune, Hyderabad, Indore, Lucknow, Chandigarh, Dehradun, and Kolkata.

Available from Monday to Friday, 9 AM to 6 PM, the SOCIAL Works seamlessly blends functionality with SOCIAL’s signature vibe. Designed to resonate with Millennials and Gen-Z, it creates an environment that fosters productivity, creativity, and community.

A Vision for Modern Workspaces

Over the years, SOCIAL Works has become a thriving hub where connections are forged, ideas take shape, and success stories continue to unfold. From freelancers to budding entrepreneurs, the space has nurtured ventures of all scales—from small startups to prominent companies like BOAT, IVM Podcasts, Food Talk India, Lazy 8, and many more which began their journey here. SOCIAL Works has also been a creative haven for artists and freelancers, offering them a platform to connect, collaborate, and grow. It has witnessed connections and partnerships flourish in the most unexpected ways in the Works section, making it more than just a workspace—it’s a place where ideas come to life, and creativity thrives. Today, it remains the go-to spot for professionals seeking a dynamic and inspiring environment, fostering meaningful partnerships and providing the perfect blend of productivity and creativity.

As the workday winds down, SOCIAL Works seamlessly transitions into a buzzing social hub. Whether you’re wrapping up a brainstorming session or unwinding with colleagues, the space adapts to your needs. It allows you to work comfortably in an environment that feels authentic to you, while also offering opportunities to meet new people and collaborate.

A Space That Adapts To You

· Flexible pricing options: INR 300 per day, INR 1200 per week, and INR 4500 per month—fully redeemable on SOCIAL’s delectable food and drinks. The cover can also be clubbed with other ongoing offers at the outlet, ensuring every workday comes with a side of culinary delight.

· Workspace pass includes free Wi-Fi, a confirmed seat in the workspace area, and access to SOCIAL’s vibrant atmosphere.

· Monthly members enjoy exclusive access to up to 4 SOCIAL events, such as workshops, conferences, networking meetups, live music, and DJ nights.

· Earn loyalty points through The SOCIAL Club, unlocking exciting offers, topical events, and freebies.

· Discover exciting new food and beverage offerings, featuring special limited-time menus, unforgettable experiences such as meeting your favorite artist, winning exclusive branded merchandise, or indulging in drinks at unbeatable prices!

Divya Aggarwal, Chief Growth Officer of Impresario Entertainment & Hospitality Pvt Ltd, shared her vision for the SOCIAL Works. “When we launched SOCIAL Works, our goal was to create a workspace that broke away from the rigidity of traditional offices. Over the years, it’s been incredible to see how this concept has supported startups, freelancers, and professionals in building their dreams. We’re creating spaces that are not only functional but also inspiring, blending work and leisure seamlessly as per different requirements. It’s about evolving with the needs of today’s workforce and continuing to offer a place where ideas can thrive, and connections can flourish.

Keeping in mind the future of co-working, SOCIAL Works is designed to cater to diverse work styles, whether you’re working solo, brainstorming with a team, or catching up with colleagues. The experience is a testament to SOCIAL’s commitment to staying ahead of the curve, blending work and play in a way that’s uniquely their own.

With SOCIAL Works, the brand continues to lead the way in creating spaces that inspire productivity and foster connections. Whether you’re a freelancer, an entrepreneur, or part of a remote team, SOCIAL Works invites you to experience the future of co–working—where every day is productive, and every moment is social.

Vinir Engineering Limited Files DRHP With SEBI

Chandigarh, January 21, 2025: Vinir Engineering Limited, an integrated engineering solutions company engaged in the manufacturing of specialized, critical and heavy, precision-forged and machined components for a wide range of industries and applications, has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”).

The IPO comprises an offer for sale of up to 53,300,000 equity shares of face value of ₹ 2 each. The offer for sale comprises up to 53,300,000 equity shares of face value ₹ 2 each by Nitesh Gupta (Promoter Selling Shareholder).

Vinir Engineering Limited is an integrated engineering solutions company engaged in the manufacturing of specialized, critical and heavy, precision-forged and machined components for a wide range of industries and applications, including energy, defense, aerospace, railways, energy turbines, hydraulics, earthmoving, high-end engineering, amongst others. The components play a vital role in various systems and applications, such as armored vehicles, armaments and ammunition, combat equipment, military hardware, upstream and downstream oil & gas systems, cryogenics systems, aircraft propulsion systems, power turbines, gas turbines, railway locomotives and braking systems, nuclear energy infrastructure equipment, heavy-duty excavation machinery, spaceframes, hydraulic components, wind turbine generators & high-pressure boilers, amongst others. The company specializes in producing critical and heavy precision-forged and machined components using a wide range of metals, including alloy steel, titanium, Hastelloy, carbon steels, stainless steels, duplex steels, special steels, Inconel, Monel, and aluminum, amongst others. The company is equipped to manufacture components with weights ranging from 20 kilograms to 6,000 kilograms using these processes and precision machining.

The company has a total installed capacity of 38,000 MTPA, distributed across three Manufacturing Units. Unit I is located at Bangalore in Karnataka while Unit II and Unit III are located in Hosur and Kalukondanapalli, both in Tamil Nadu. These units collectively span an area of 38,160 square meters. The company’s diverse customer base includes companies operating in sectors like energy, defence, aerospace, railways, energy turbines, hydraulics, earthmoving, high-end engineering amongst others , spread in India and foreign countries like United States, Mexico, Spain, Malaysia, United Arab Emirates, Saudi Arabia, Tunisia, Canada, amongst others. During the last 3 fiscals and six months ended September 30, 2024, they served over 150 unique customers, with an average of 60-70 customers per year/period. During the same period, they added 39 new customers.

The major demand driver of precision-forged and machined components is the economic growth and massive investment in infrastructure, oil gas and focus on aerospace & defence sectors across the globe. Global Non-Automotive Forging Market was valued at USD 33.16 Bn in 2023 which accounts for 35% of the overall forgings demand and is estimated to grow to USD 54.54 Bn by 2030 at a CAGR of 7.4% from 2023 to 2030 driven mainly by growth of demand from non-automotive end use sectors such as oil and gas, aerospace and defence, earthmoving, hydraulics and mining, railways and energy sector. Global Non-Automotive Precision Machined Forging Market was valued at USD 23.88 Bn in 2023 which accounts for 72% of the overall forgings demand and is estimated to grow to USD 37.11 Bn by 2030 at a CAGR of 6.5% from 2023 to 2030 driven mainly by growth of demand from non-automotive end use sectors such as energy (oil and gas), aerospace and defence, earthmoving, hydraulics and mining and railways. Indian Non-Automotive Precision Machined Forging Market was valued at INR 13,117 Crores in FY 2024 which accounts for 70% of the overall forgings demand and is estimated to grow to INR 20,814 by 2030 at a CAGR of 8% from FY 2024 to 2030 driven mainly by growth of demand from non-automotive end use sectors such as energy (oil and gas), energy turbines aerospace and defence, earthmoving, hydraulics and mining and railways. This augers well for players like Vinir Engineering Limited.

Pantomath Capital Advisors Private Limited is the Book Running Lead Managers to the issue. KFIN Technologies Limited is the Registrar to the offer.

ZF Group Debuts Cutting-Edge Mobility Solutions at Bharat Mobility Expo 2025

Bangalore , India, January 21, 2025: ZF, a global leader in driveline and chassis technology, is making a huge impact at the Bharat Mobility Global Expo 2025, showcasing its latest innovations in mobility solutions. ZF’s presence at the expo emphasizes its commitment to the technological advancements and redefining mobility for sustainable and intelligent transportation in India.

“We are excited to present ZF’s state-of-the-art mobility solutions at the Bharat Mobility Expo 2025,” stated Mr. Akash Passey, President , ZF Group India. “India represents a strategic market for ZF, and we are dedicated to facilitating the nation’s shift towards a sustainable, safe, and interconnected mobility ecosystem. Our emphasis on technological innovation and advanced solutions is closely aligned with the dynamic and growing automotive industry in India. We are well-positioned to address the evolving needs of the future of transportation in India, for domestic and global players. “

A key highlight at the ZF booth is the company’s X-by-Wire portfolio. This innovative technology replaces traditional mechanical and hydraulic linkages with electronic signals, enabling greater vehicle customization and enhanced safety. With by-wire technology, ZF lays the foundation for the software-defined vehicles that will lead to new functions and features, many that emphasize safety as much as driving comfort: Purely electronically controlled and networked by-wire systems offer better vehicle control, more steering flexibility, and greater driving stability at high speeds. The display showcases a range of X-by-Wire components, including brake-by-wire, steer-by-wire, and electronically controlled, active damping demonstrating the potential for future vehicles with unprecedented levels of autonomy and personalization.

For commercial vehicles and for passenger cars, ZF is showcasing its latest ADAS technologies, including advanced radar and camera systems, which enhance vehicle safety and efficiency. These systems provide crucial features such as autonomous emergency braking, lane departure warning, and adaptive cruise control.

Notable Commercial Vehicle ADAS solutions on display include OnGuardMAX Autonomous Emergency Braking System (AEBS) and together with Short-Range Radar for improved object detection and Reversing Camera for enhanced safety. These technologies work towards making roads safer and reduce the number of accidents.

ZF’s commitment to sustainable mobility is evident in its range of electrification and connectivity solutions on display. The booth features CeTrax 2 dual, an integrated and modular electric central drive for HD trucks, buses and coaches , enabling electrification of heavy-duty vehicles. SCALAR, the next-gen fleet management solution which uses real time data and predictive analysis to streamline and optimize mixed fleet operation.

Among the new products, unveiled at the Expo, is the e-comp Air Lite a cost-efficient, lightweight electric-driven compressor designed for the Indian and Asian markets. Engineered for medium-duty commercial EVs and hybrid vehicles, it features a compact 2-cylinder design ideal for low air-demanding applications. The system enhances energy efficiency with an automatic shut-off feature when air is not needed.

The Electronic Braking System and the Electronic Stability Control provide improved safety and handling, . These solutions highlight ZF’s expertise in providing reliable and efficient solutions for the mobility sector.

ZF also showcased its construction equipment Ergo Power II transmission specifically localized for the evolving demands of the off-highway industry. The innovative transmission from ZF makes it possible to integrate electronic driveline management, lowers operations cost, and provides efficient and high-performance capabilities.

ZF’s competitive advantages lie in its robust portfolio of cutting-edge technologies and its strategic focus on design-to-market areas. By leveraging its strengths in e-mobility, commercial vehicle technology, and industrial solutions, ZF is uniquely positioned to drive the next generation of mobility. Additionally, our commitment to localizing products and optimizing our manufacturing and engineering strengths enhances our agility and resilience in the market.

The future-oriented technologies showcased at the ZF Group booth demonstrate the company’s positioning as a technology leader backed with a robust system capability. With intelligent solutions for the megatrends, ZF impressively demonstrates the vision of enabling vehicles to see, think and act. This in turn is making ZF Group a strong player in Redefining India’s Mobility.

Give Your Meal a Bold New Twist with Aflatoon

India, 21st January 2025: Start the year with a feast that’s anything but ordinary! Aflatoon by SOCIAL brings bold North Indian flavors wrapped in quirky, collectible packaging, turning every meal into a delightful adventure.

Whether you’re hosting a lively party, gathering with family, or planning a cozy night in, Aflatoon promises to make every dining moment memorable. From playful twists on North Indian classics to rich gravies and fragrant pulaos, the menu is designed to excite your taste buds and spark conversation.

Dive into soul-soothing dishes like the slow-cooked Maa Ki Dal Makhani, indulgent Truffle Butter Chicken, or the rich and aromatic Bhoona Gosht Biryani, paired perfectly with buttery naans or fragrant jeera rice. These hearty, comforting options are just what you need to beat the winter chill.

For lighter moments, snack on Butter Garlic Mutton Seekh, Umami Chicken Malai Tikka, or the Lotus Stem Shami Kebab. Planning a hearty meal? The Malai Paneer Biryani or the flavorful Katey Masale ka Gosht, paired with soft naans, make for a satisfying indulgence.

Aflatoon also offers a vibrant selection of chaats that are perfect for adding a burst of flavor to your day. From the zesty The Crispy Quinoa and Bhalla Chaat to the tangy and Balsamic Betroot and Crispy Papdi Chaat, each dish is crafted to deliver a delightful balance of sweet, savory, and tangy notes making them ideal for lively conversations or indulgent treats.

Finish your meal with the classic warmth of Gulab Jamun or the refreshing flavors of Betel Leaf Rasmalai, each offering a perfect sweet ending.

Population Dynamics: A Comprehensive Online Course for Policymakers Launched

New Delhi, 21st January 2025 – In a groundbreaking step towards building capacity in public administration, the Indian Institute of Public Administration (IIPA), in collaboration with the United Nations Population Fund (UNFPA) and the Centre for Youth and Social Development (CYSD), has launched a pioneering online course titled “Population Dynamics and Its Implications for Public Policy.”

 Hosted on the Integrated Government Online Training (iGOT) platform under Mission Karmayogi, this course aims to empower India’s 3.8 million civil servants with the critical knowledge and skills needed to address the complex challenges posed by demographic shifts. The initiative focuses on:

 ● Enhancing understanding of demographic shifts and their impact on society.
● Examining scenarios such as low fertility, urbanization, and the demographic dividend.
● Analyzing the influence of population dynamics for public policy.
● Exploring practical policy options to address demographic changes effectively.

 The course launch event at IIPA’s Indraprastha Estate brought together prominent dignitaries who reinforced the importance of this initiative.

 Dr. Saurabh Garg, Secretary, Ministry of Statistics and Programme Implementation, Government of India, delivered the keynote address, highlighting the centrality of data and statistical analysis in policymaking. “Demographic shifts affect every facet of development—from education and healthcare to labor markets and urban planning. This course will be instrumental in equipping government officials to proactively address these challenges,”noted Garg.

 Shri S.N. Tripathi, Director General, Indian Institute of Public Administration, emphasized evidence-based policymaking as the cornerstone of effective governance. He remarked, “This course will provide civil servants with the critical insights they need to design policies that are inclusive, targeted, and sustainable, ensuring that governance evolves with the changing needs of our population.”-

 Ms. Andrea M. Wojnar, UNFPA India Representative and Country Director for Bhutan, reaffirmed UNFPA’s dedication to fostering demographic resilience. She stated, “This course is not just about acquiring knowledge—it’s about shaping the future. India is at a demographic turning point, and the decisions today will define India tomorrow. By equipping policymakers with the tools to turn demographic trends into opportunities, India can carve a path to sustainable development.”

 Shri Jagadananda, Co-Founder and Mentor, CYSD, shared the vision behind the course, stating, “While CYSD has focused on Odisha’s demographic challenges, we recognized that these issues have national relevance. By partnering with UNFPA and IIPA, we aimed to create a course that offers valuable insights for crafting policies that are inclusive, adaptable, and responsive to the diverse needs of India’s evolving society.”-

 This initiative aligns with India’s commitment to the principles of the 1994 International Conference on Population and Development (ICPD), advocating for rights-based population policies, gender equality, universal access to healthcare, and sustainable development.

 With its broad reach and focus on capacity-building, the course is poised to become a transformative tool in shaping a responsive and future-ready public administration.

LISSUN Eyes Major Expansion, Aims for 40+ ‘Sunshine by LISSUN’ Centres in 2025

21st January 2025, Gurugram, Haryana, India: LISSUN, one of India’s leading mental health platforms, today announced its ambitious plans to expand Sunshine by LISSUN, a specialized division focused on child development and therapy services. Currently operating nine centers, Sunshine is on track to expand to 40+ centers and reach8000+ children by the end of 2025. This expansion is part of LISSUN’s mission to provide high-quality, accessible, and affordable services to children with developmental delays and special needs and helping them with issues like Autism Spectrum Disorder (ASD), ADHD, and Learning Disabilities.

Sunshine by LISSUN offers a wide range of services, including diagnostic evaluations, therapeutic interventions, and rehabilitation programs. Its multidisciplinary approach, which includes child psychologists, special educators, speech therapists, occupational therapists, and behavioral therapists, ensures comprehensive care. These experts collaborate to offer services like IQ assessments, ADHD evaluations, autism screenings, and psychological counseling. In keeping with LISSUN’s innovative approach, Sunshine operates on a phygital (physical + digital) model, integrating advanced technology with top-tier physical infrastructure to deliver holistic, accessible care to children and their families.

As of January 2025, Sunshine by LISSUN operates in 13 centers across key cities in India, including East Patel Nagar, East of Kailash, and Pitampura in Delhi; Indirapuram in Ghaziabad; Sector 51 & Old Gurugram in Gurugram; Gomti Nagar and Aashiyana in Lucknow; and Magarpatta, Viman Nagar and Hadapsar in Pune, Gachibowli in Hyderabad and Domlur in Bangalore. LISSUN plans to strategically expand Sunshine to 40+ centers by the end of 2025, with a focus on metropolitan areas, educational hubs, and underserved regions. The new centers will target cities like Bangalore, Hyderabad, Jaipur and Mumbai, where the demand for child developmental and mental health services is growing. Additionally, the expansion will prioritize cities with a high concentration of schools and educational institutions, facilitating partnerships and referral networks. LISSUN also aims to enter underserved areas in tier-2 and tier-3 cities, where access to quality child developmental services remains limited.

Tarun Gupta, Co-founder of LISSUN, shared his vision for the expansion, stating, “At LISSUN, our vision is to create a society where every child has access to the best developmental care possible. With Sunshine by LISSUN, we have worked tirelessly to build a robust, compassionate model of care for children with neurodevelopmental challenges. Our goal of expanding to 40 centers by 2025 is part of our broader mission to bridge the gap in access to child mental health services across India. This journey will help us positively impact the lives of thousands of children and support their developmental journey with empathy and excellence.”

The expansion of Sunshine is being fueled by the $2.5 million Pre-Series A funding that LISSUN recently secured, led by RPSG Capital Ventures, and other new and existing investors, including Multiply Ventures, Airium Angels, Ivycap Ventures, Rainmatter, and Sucseed Ventures. The capital will be used to establish modern facilities, hire skilled professionals, and enhance technological capabilities. As part of its expansion strategy, Sunshine by LISSUN will also incorporate several differentiators in its upcoming centers. Parents will be able to use digital tools to manage appointments, track therapy progress, and receive real-time updates on their child’s development. The new centers will also leverage data analytics to provide personalized, outcome-based therapy plans, ensuring that each child receives the highest quality care. In addition, LISSUN plans to integrate AI-powered tools such as chatbots to provide 24/7 support and personalized content recommendations for parents.

Looking beyond its 2025 goal, LISSUN envisions Sunshine reaching over 10,000 children by 2026. The mental health platform is also exploring international expansion, aiming to introduce its child developmental care model to global markets with high demand for such services. LISSUN is committed to establishing itself as a thought leader in the child development sector through active participation in global forums, conducting research, and advocating for policies that promote child mental health.

AGI Greenpac Q3 FY25: EBITDA Rises 20 Percent, PAT Up 35 Percent

India, January 21, 2025: AGI Greenpac Limited, a focused Packaging Products company, today announced its financial results for the quarter ending December 31st, 2024.

The Company’s Revenue from Operations was ₹658 crore. EBITDA stood at ₹185 crore, a 20% year-on-year (Y-o-Y) increase from ₹153 crore in Q3 FY24, representing a 28% margin. Profit after Tax (PAT) increased by 35% Y-o-Y to ₹91 crore, up from ₹67 crore in the same period last year.

In the first nine months of FY25, the Company reported Revenue from Operations of ₹1,824 crore. EBITDA was ₹497 crore, a 15% year-on-year (Y-o-Y) increase with a 27% margin, compared to ₹432 crore in the corresponding period last year. Profit after Tax (PAT) grew 21% Y-o-Y to ₹226 crore, compared to ₹187 crore in the corresponding period last year.

The company demonstrated exceptional financial results in Q3FY25, through a combination of strategic initiatives. These include rigorous cost management, a focus on optimizing the product portfolio by adding higher-margin offerings and maintaining strong customer relationships.

Commenting on the results, Mr. Sandip Somany, Chairman and Managing Director, AGI Greenpac Limited said, “AGI Greenpac’s strong Q3 FY25 results demonstrate the dedication of our team and the effectiveness of our strategy. We are committed to disciplined cost management, continuous product portfolio optimization, and nurturing strong customer relationships. We are confident in our ability to maintain this momentum and drive continued growth.”

TÜV SÜD Inaugurates E-Mobility Training Laboratory in Bengaluru

Bengaluru, India. TÜV SÜD South Asia, a leading certification, testing, auditing, inspection, and training company and the wholly owned subsidiary of TÜV SÜD Group, Germany, announced the launch of the E-Mobility TrainingMobile Lab. This initiative aims to provide advanced, hands-on training opportunities for technicians, engineers, and first responders, equipping them with essential skills to safely handle high-voltage systems in the rapidly evolvingElectric Vehicle (EV) industry.

The ‘TÜV SÜD E-Mobility Training Mobile Lab’ was inaugurated at the hands of Mr. Simon Lemin, CEO, TÜV SÜD South Asia, Mr. Vishal Nerurkar, Senior Vice President – Business Assurance, TÜV SÜD South Asia, Mr. Robert Kees, CEO, TÜV SÜD Business Assurance Division and Mr. Jorg Schemat, Head of BU Academy and CEO of TÜV SÜD Akademie GmbH.

TÜV SÜD offers a range of EV training programs, including the E-Mobility Course Level 1: Safe Handling of High Voltage Systems in Motor Vehicle, E-Mobility Course Level 2: Qualified Electrician for HV Systems in Motor Vehicle, and E-Mobility Course Level 3: Live Working for Qualified Electrician for HV Systems in Motor Vehicle. These programs benefit participants by enhancing their expertise in high-voltage safety, ensuring proper use of personal protective equipment (PPE), and providing a thorough understanding of the integration of components within EV. Through the training, participants are equipped with the necessary knowledge to assess and implement risk mitigation strategies. The E-Mobility Training Mobile Lab supports both organisations lacking EV infrastructure and individuals seeking to advance their e-mobility knowledge in the evolving automotive landscape.

“The launch of our E-Mobility Training Laboratory represents a significant step forward in advancing the skills and safety standards of professionals in the e-mobility sector,” said Mr. Simon Lemin, Chief Executive Officer, TÜV SÜD South Asia. “We are proud to empower organisations and individuals through practical training solutions that deliver real-world, hands-on experience with high-voltage systems, fostering both knowledge and skill development.”

TÜV SÜD South Asia has been catering to the learning needs of professionals in India, Bangladesh, and other English-speaking countries for over two decades. With more than 300 training topics,these training programs are designed and developed by industry experts with the goal of equipping learners with the latest information, technologies, and real-world use cases, while enhancing their ability to apply this knowledge effectively in a dynamic business environment.

By providing cutting-edge training opportunities, TÜV SÜD continues to play a pivotal role in driving the adoption of e-mobility solutions and fostering a safer, more sustainable future.