Shraddha Kapoor’s PALMONAS Secures Rs1.26 Cr on Shark Tank India S4

Pune, India, February 21, 2025 – Bollywood icon Shraddha Kapoor has taken a bold leap into the world of business by joining PALMONAS, India’s pioneering demi-fine jewelry brand, as a Co-founder. In a major boost to the brand’s expansion plans, PALMONAS secured ₹1.26 crore in funding for a 1% equity stake from prominent Shark Tank India Season 4 investors Namita Thapar, Executive Director of Emcure Pharmaceuticals, and Ritesh Agarwal, Founder of OYO. The funding was successfully secured by the brand’s founders, Amol Patwari and Pallavi Mohadikar.

PALMONAS’ pitch on Shark Tank India Season 4 captivated both Namita Thapar and Ritesh Agarwal, leading them to invest ₹1.26 Crore for a 1% equity stake. As one of the most influential investors on the show, both have been instrumental in mentoring and funding disruptive Indian startups. Their backing of PALMONAS signals strong confidence in the brand’s potential to revolutionize the demi-fine jewelry industry.

The pitch on Shark Tank India Season 4 was intense and challenging, but both sharks saw the unwavering commitment, enthusiasm, and vision of the founders. Recognizing their passion and the brand’s immense potential, both the sharks decided to invest ₹1.26 crore, reinforcing PALMONAS’ mission to redefine the demi-fine jewelry industry. This investment will drive PALMONAS’ expansion plans, scaling offline retail operations with exclusive experience stores in key metropolitan cities. Additionally, the funding will accelerate international expansion, targeting high-potential markets such as the US, Middle East, and Southeast Asia, where the demand for demi-fine jewelry is rising. A portion of the investment will also be allocated toward technological advancements, particularly AI-driven personalization, to help customers discover jewelry tailored to their style and preferences. With this infusion of capital and strategic backing, PALMONAS is poised to redefine the demi-fine jewelry industry and establish itself as a leader in the affordable luxury segment.

Actor and Co-founder of PALMONAS Shraddha Kapoor said: “Jewellery should be like your second skin—something you don’t have to overthink. Whether it’s stacked minimal rings or bold silver chokers, Palmonas is for everyone who loves expressing themselves without limits. PALMONAS is making luxury jewelry affordable and accessible, and I couldn’t be more excited to be a part of this journey. With the support of the Shark Tank India platform, we are set to redefine the way India wears jewelry.”

Co-founder of PALMONAS Amol Patwari on securing the Investment said, “Securing this funding on Shark Tank India Season 4 from Namita Thapar and Ritesh Agarwal is a testament to the immense potential of PALMONAS. Pallavi and I have worked relentlessly to build a brand that resonates with consumers, and this investment will allow us to push our boundaries further. With Shraddha Kapoor now as a Co-founder, we are poised to accelerate our growth and make premium jewelry accessible to a wider audience. The trust in our vision reinforces our commitment to bringing high-quality, stylish, and affordable demi-fine jewelry to every household.”

“Shark Tank Indian Season 4 wasn’t just about raising funds—it was about showing India what demi-fine jewelry is and why it matters. This is just the beginning. This funding marks an exciting new chapter for PALMONAS. Amol and I are dedicated to expanding our product range, strengthening our digital and retail presence, and investing in innovation. Having Shraddha Kapoor on board gives us an incredible advantage in connecting with a wider audience. Additionally, Namita and Ritesh’s mentorship and expertise add to our strength. We are ready to take PALMONAS to the next level and redefine the demi-fine jewelry industry in India,” says Founder Pallavi Mohadikar of PALMONAS.

In just two years, PALMONAS has gone from a disruptive idea to India’s most exciting jewelry brand—and the momentum isn’t slowing down. With 5 retail stores launched in just 3 months and backing from Shark Tank India Season 4 investors Namita Thapar and Ritesh Agarwal, the brand is expanding rapidly. With this fresh infusion of funds, PALMONAS also is gearing up to dominate the demi-fine jewelry market, offering contemporary, high-quality, and affordable pieces for the modern consumer. The brand will focus on expanding its collections, enhancing customer engagement, and leveraging Shraddha Kapoor’s influence to reach a wider audience.

450+ Creative Solutions from 300+ Cities Submitted to ICEA’s TruthTell Hackathon to Combat Fake News

New Delhi, 20 February 2025: India Cellular & Electronics Association (ICEA), in collaboration with the Ministry of Information & Broadcasting (MIB), has received over 450+ unique AI-driven ideas through its TruthTell Hackathon, an initiative focused on tackling misinformation using technology. With 5,600+ registrations from more than 300 cities worldwide, participants have proposed solutions such as fact-checking tools, deepfake detection systems, automated misinformation trackers, and real-time news verification technologies.

The overwhelming response to the hackathon reinforces India’s growing leadership in ethical AI development, a vision that Prime Minister Narendra Modi reiterated recently at the AI Action Summit in Paris. Emphasising the transformative potential of AI across sectors, including media and governance, he called for ethical AI development, transparency in AI systems, and global collaboration to manage risks like deepfakes and disinformation. The TruthTell Hackathon echoes this call to action, bringing together global talent to create AI-driven solutions that enhance media credibility and information integrity.

The hackathon has attracted a diverse mix of participants, including 2,690 working professionals and 2,921 students, fostering collaboration across AI, media, and data science to develop scalable solutions. With strong representation from India and key hubs across continents, including North & South America, Europe, the Middle East, Africa and Oceania, the submissions highlight a growing international effort to combat misinformation through AI.

Speaking about the initiative, Mr. Pankaj Mohindroo, Chairman of ICEA, said, “The 450+ unique AI-powered ideas submitted for the TruthTell Hackathon highlight the critical role of technology in addressing misinformation. As these ideas progress, the focus will be on developing practical, and scalable solutions that can build trust in the digital content we consume. This initiative reflects India’s growing expertise in AI-driven innovation and our commitment to fostering global collaboration in tackling this challenge.”

Participants are now moving into the prototyping phase, which will continue until February 21, as they work to turn their ideas into tangible solutions. The hackathon will conclude with onsite presentations and the best solutions will be honoured at the WAVES Summit on 1st – 4th May 2025.

DoubleTree by Hilton Pune – Chinchwad Invites You to Enjoy the Smoky Goodness of Their Grill Specialties

Indulge in a feast of bold flavors and smoky aromas at the Smoke & Grill Food Festival, happening at 3 Spices, DoubleTree by Hilton Pune – Chinchwad, until February 28th. This specially curated festival celebrates the art of grilling, offering a delectable spread of meats, seafood, and vegetarian delights.

Kick off your meal with flavorful Plum Tomato Soup or try the Fresh Catch of Ceviche. The grill takes center stage with a lavish ocean platter featuring grilled lobster, prawns, octopus, mussels, scallops, squid, and fish fillet, alongside hearty options like the T-Bone Steak, Pork Steak, Flame-Grilled Rock Lobster and the Pit Boss Burger. Vegetarian diners can savor the Taro Gnocchi, Tortellini or a Veggie Burger.

End on a sweet note with indulgent desserts like Spiced Carrot & Date Cake and Citrus & Passion Fruit Tart, perfectly crafted to complement the smoky feast. Whether you’re a fan of juicy BBQ meats, fresh seafood, or gourmet vegetarian delights, this festival promises an unforgettable dining experience.

The ‘SOUL Leadership Conclave’ 2025 Launches with 20+ Visionary Leaders from Diverse Fields

Mumbai/ New Delhi, February 20, 2025: The highly anticipated first edition of the SOUL Leadership Conclave is set to commence tomorrow at Bharat Mandapam, New Delhi. The event will be inaugurated by Hon’ble PM Shri Narendra Modi, with H.E. Dasho Tshering Tobgay, Prime Minister of Bhutan, delivering the keynote address as the Guest of Honour.

With a focus on personal leadership journeys, the conclave promises to be an inspiring forum for learning, reflection, and dialogue, offering invaluable lessons from some of the most impactful leaders from across diverse sectors. Designed to impart real, actionable leadership lessons, SLC aims to be a platform where young aspiring leaders come together to hear straight from speakers at the conclave — making the experience more relevant, relatable, and impactful.

The SOUL Leadership Conclave will feature distinguished speakers from diverse fields, including politics, public service, business, sports, media, and spirituality, each sharing leadership lessons from their own journeys. From governance and public service, the event will feature Shri Ashwini Vaishnaw, Union Minister for Railways, Information & Broadcasting, and Electronics & IT; Shri. Bhupender Yadav, Union Minister of Environment, Forest & Climate Change; Shri Baijayant ‘Jay’ Panda, National Vice President of the BJP; Dr. Kiran Bedi, Former Lieutenant Governor of Puducherry & retired IPS officer and Shri Shaktikanta Das, Former Governor, Reserve Bank of India. Additionally, Dr. D Y Chandrachud, Former Chief Justice of India, will offer insights from his leadership in the judiciary.

From the nonprofit and social sectors, Mr. Shridhar Venkat, CEO, The Akshaya Patra Foundation, and Dr. R. Balasubramaniam, Member HR, Capacity Building Commission, will share lessons on leadership with purpose and social impact. Spiritual perspectives will be brought by Sister Shivani, Spiritual Leader of the Brahma Kumaris, and Mr. Kamlesh Patel ‘Daaji,’ Global Guide of Heartfulness and President of Shri Ram Chandra Mission, reflecting on the role of mindfulness and values in leadership.

Sports icons Mr. Gukesh Dommaraju, reigning World Chess Champion, and Mr. P R Sreejesh, Former Goalkeeper of the Indian Hockey Team, will speak on resilience, discipline, and leadership in competitive arenas. Adding journalistic perspectives, Mr. Rahul Kanwal, News Director, India Today & Aaj Tak, will discuss leadership in media and storytelling.

From the corporate world, industry stalwarts including Mr. Sunil Bharti Mittal, Founder & Chairman, Bharti Enterprises; Mr. Ajay Piramal, Chairman, Piramal Group; Mr. Pankaj R. Patel, Chairman, Zydus Lifesciences; Mr. Ravi Kant, Former MD & Vice Chairman, Tata Motors; Mr. G B S Raju, Chairman, GMR Airports; and Mrs. Arundhati Bhattacharya, Chairperson & CEO, Salesforce South Asia, will share leadership insights gained through years of navigating business challenges, innovation, and transformation.

98% of Victims of Home Security Breaches Experience a Decline in Happiness, Godrej Enterprise Survey Reveals

Chandigarh, 20 February, 2025: Security is more than just a measure of protection—it is the foundation of peace of mind and lasting happiness. The latest ‘Happiness Survey’ conducted by the Security Solutions Business of Godrej Enterprise Group reveals that an overwhelming 98% of individuals who experienced a security breach in their homes reported a direct impact on their overall sense of security and happiness. More alarmingly, 56% of these respondents admitted that the breach had a significant to extreme effect on their well-being.

With a concerning 35% respondents having faced incidents such as break-ins, robbery, and burglary, the findings underscore an urgent need for enhanced security adoption. The survey delves into what fosters a true sense of security, with 41% of respondents opting for home lockers (Tijori), 45% citing surveillance cameras as the top measure to make them feel more secure, followed by 36% emphasizing the presence of security guards, 29% preferring alarm systems, and 20% highlighting the role of video door phones.

Commenting on the findings, Mr. Pushkar Gokhale, EVP and Business Head, Security Solutions Business of Godrej Enterprise Group, said, “The strong link between security and happiness is evident in our survey findings. A secure environment fosters a happier and more confident society. The increasing adoption of security technology is not just a trend—it is a necessity for enhancing the quality of life. At Godrej, we continue to innovate and offer solutions that empower individuals to protect what matters most, enabling them to lead happier, worry-free lives.”

Security is not just about physical protection; it directly correlates with emotional and psychological well-being. When individuals feel unsafe, it affects their day-to-day life, productivity, and mental peace. The survey findings reiterate that ensuring home security is a fundamental step toward achieving true happiness. Whether it is safeguarding homes, protecting valuables, or simply instilling confidence in daily routines, home security plays a critical role in shaping an individual’s overall sense of well-being. The survey findings highlight a positive shift in awareness, as more individuals recognize the importance of proactive security measures. The preference for modern security solutions such as AI-enabled surveillance cameras, alarm systems, and smart video door phones indicates a growing inclination towards integrated security solutions that provide real-time protection and deterrence against potential threats.

CARS24 Introduces LOANS24 to Revolutionize the Financial Services Landscape

Gurugram, February 20, 2025: What started as a way to help customers finance their car purchases from CARS24 has now evolved into a comprehensive lending platform. CARS24 Financial Services Private Limited (CFSPL), the financial arm of India’s leading Autotech company, has launched LOANS24, a digital-first, hassle-free credit platform designed for everyone, car buyers, car owners, and beyond.

Since 2019, CFSPL is becoming a trusted name in auto financing, enabling over ₹4,000 crore in car loans for customers purchasing through CARS24. But financing needs go beyond just car purchases from CARS24. Customers need instant, flexible, and transparent credit options—whether for buying a car, refinancing an existing one, or securing additional funds. That’s where LOANS24 steps in.

Customers want a simpler, smarter way to borrow, whether for buying a car, refinancing one, or taking a top up loan or any car loan, LOANS24 is the answer.

A Smarter, Simpler Way to Access Credit
Traditional financing can be slow, confusing, and full of roadblocks. LOANS24 changes that by putting customers first.

● Instant Approvals – Fully digital and valuation-free for quick, hassle-free approvals

● Flexibility – Finance up to 100% of the on-road price for purchases or 200% for top-ups, with terms up to 6 years

● Affordability – Used Car Loans starting at 10.99% interest, ensuring transparency and fairness

“Getting a car should feel exciting, not exhausting. But for too long, car loans have felt like a necessarily difficult process-slow, complicated, and designed to test patience. If personal loans can be instant, why should car loans still feel like a maze of paperwork and waiting? That’s what we’re fixing with LOANS24. No hoops to jump through, no hidden surprises, just a loan that works for you, not against you. Because whether you already own a car or dream of one, access to credit should never be the thing that holds you back.” Ruchit Agarwal, Co-Founder & CFO, CARS24

72 percent of loans taken by Indians in metro cities
At CFSPL, we’ve helped over 80,000 customers buy their dream cars and facilitated over ₹15,000 crore in working capital loans to dealers, fueling growth across the industry. But our vision goes beyond just car purchases. We now offer loans against cars and top-ups, ensuring that financing is available to everyone—not just CARS24 customers. Whether you need to unlock cash from your existing car or secure additional funds, our fully digital process ensures quick, seamless access to credit.

Our reach continues to grow, with Maharashtra, Karnataka, Gujarat, Telangana, and Uttar Pradesh leading loan disbursements. While urban centers drive the majority of demand, smaller cities are quickly emerging as key players. More customers from these cities are now financing their cars with LOANS24, signaling a shift in the financial landscape. Whether it’s a salaried professional in Mumbai, a self-employed entrepreneur in Ahmedabad, or a first-time car buyer in Lucknow, the demand for accessible credit is rapidly expanding beyond metros.

The trend is also evident in Tier-1 and Tier-2 cities. While Tier-1 cities still account for 72% of total loan volumes, Tier-2 cities have steadily increased their share to 26%, reflecting a surge in demand outside traditional hubs. Even Tier-3 cities, though smaller in volume, are gradually adopting digital-first financing solutions. This shift demonstrates how technology is breaking down geographic barriers and making financing accessible to all, regardless of location.

In addition to the geographic spread, the increasing participation of women in borrowing is a transformative trend. Women now account for 20% of all CFSPL loans, up from 11% in 2021, marking a steady rise in financial independence. As more women take charge of their financial decisions, CFSPL is ensuring they have easy access to fair and transparent credit, breaking traditional barriers in auto financing.

By solving for both accessibility and affordability, LOANS24 aims to ensure that anyone, regardless of geography, background, or financial profile—can secure the credit they need with ease. Our goal is to make borrowing seamless, fair, and truly inclusive for all.

Beyond car loans, LOANS24 will also help the customers track and improve their credit scores while offering personal loans for broader financial needs. Now, these financial solutions are available to anyone, not just car buyers, making credit more accessible than ever.

Instahyre’s Hall of Fame 2024 Rewards Top Recruiters for Outstanding Performance

Gurugram, 20th February 2025: Instahyre, an AI-driven HR tech platform, recently organized the Instahyre Hall of Fame 2024, a flagship event to reward and spotlight recruiters who made a significant impact in the industry over the course of 2024.

2024 saw significant strides in recruitment, powered by AI-driven hiring, the adoption of flexible work models, and skill-based evaluations. Considering this shift, Instahyre stepped up to lead the game by organizing the Hall of Fame 2024, inspiring India’s HR and recruitment community with the encouraging inputs of key speakers and jury members – Aditya Pal Singh, Talent Acquisition Leader (Ex-KPMG), Zeeshan Mallick, Talent Partner (Atlassian), Gautam Ghosh, HR and Employer Branding Expert (SHRM) and Sarbojit Mallick, Chief Business Officer (Instahyre). The event was moderated by Harshita Gakkhar, Product Marketing Manager (Instahyre), who spearheaded the Hall of Fame 2024.

Commenting on the event highlights, Sarbojit Malllick of Instahyre said, “This is more than just a one-time event. It will be an ongoing recognition program that will reward recruiters every year. It will help us foster a culture of achievement and innovation in the recruitment sector, encouraging them to continue their journey with Instahyre while unlocking exclusive benefits and incentives.

Instahyre helped over 2.3 million candidates secure jobs in new-age industries, 110,000+ recruiters automate sourcing and got featured as a Top HR Startup in India. Hence, it decided to celebrate the visionaries shaping the future of talent acquisition and also awarded 8 talent leaders in the industry who have set new benchmarks for excellence in talent acquisition.

Some of the key winners of the event included Shantanu Bhombe, Head of Talent Acquisition at Jovveo as OG Influencer, Simran Khanna, Talent Acquisition Specialist at interface.ai as Hiring Genie, Prafulla Deori, Head of Talent Acquisition (APAC) at Ericsson as Top Hiring Voice, Amitha Madhu, Talent Acquisition Partner at Tekion as Employer Branding Ambassador and more recruiters.