Grand opening of Interwood’s 16th (E.B.O Exclusive Brand outlet) at Hyderabad

Hyderabad saw the opening of Interwood ‘s 16th exclusive brand outlet at the Asian sun city Building located behind the AMB mall at Kothaguda Circle. The event was a day long soirée that witnessed the congregation of the best design minds comprising of architects, interior designers and boutique builders alike.

With more than 14curated ensembles of Modular Kitchens and wardrobes, the experience centre is replete with an entire suite of the brand s best offerings. It works on a design, develop and install principle where every Kitchen and wardrobe solution is made to order based on the customer’s requirements.

Enumerating the brand’s vision, Mr. Hardeep Sawhney (Chairman Interwood) said “Interwood, over the last thirty years in existence has evolved into a mature brand fulfilling aspirations and desires of premium Indian households helping them transform the way they cook and live.” He further stated the readiness of Interwood in catering to the demand drive caused by growing demographics of cities like Hyderabad.

The brand has its USP as – “The best of European grade quality, at honest Indian Prices. It stands up to its reputation of having serviced more than 20,000 premium households over the last three decades boasting of an impressive repertoire of clients. Speaking on the occasion Ms. Kasturi Sawhney (Executive director) stated “With a wide range of design and finishes being offered, the architects and interior designers will experience a latitude of options to express their design sensibilities.”

With a captive manufacturing facility spread over 1 lac sft. at Bangalore, Interwood has a capacity to produce about 1000 kitchens and wardrobes in a month.

About Interwood:

Interwood is a legacy brand and a leading provider of high-quality Modular Kitchens & Wardrobes for premium homes. Their products are made using state-of-the-art German technology, and they use the most modern of materials and manufacturing techniques.

Their products are also designed to reflect contemporary design trends. Their goal is to provide customers with products that accentuate the living ambience in their homes with human safety and wellness as their core purpose. They are committed to offering products that are stylish, functional, and durable.

They also offer excellent customer service, and stand behind their products with a satisfaction guarantee. Their products are made from smart and sustainable materials and incorporate contemporary design methods reflecting innovation and their commitment to providing only the best for their customers.

Nuivio Ventures Inc. onboards former KPMG exec Basant Venugopal as CFO

Bengaluru, October 11, 2023: Nuivio Ventures Inc., a US-based tech venture builder, has onboarded Basant “Baz” Venugopal as its Partner and Chief Financial Officer (CFO). Baz will assume a pivotal role in shaping Nuivio’s financial management and driving fundraising initiatives to support Nuivio’s startup studio model of ideating, building and scaling up promising startups, fostering their growth and success.

Baz comes to Nuivio with significant financial and leadership experience in the startup and venture capital industry, previously serving KPMG and EY in deal and business advisory teams. He had successfully launched and managed a North America based capital advisory firm wherein he had raised capital of over USD 350 million over the last 5 years for startup and midcap clients. He has led and delivered on finance transformation and has a proven track record of finance control, risk and compliance, fund raise and M&A.

This appointment reflects Nuivio’s commitment to strengthen its leadership team to support its portfolio companies. Nuivio’s current portfolio companies include Ignitho, a successful AI & Digital Engineering services company; Piqual, a B2B sales lead generation SaaS platform and Talentou, an AI-driven talent scouting SaaS platform. The venture-builder has been bootstrapped thus far and is planning a potential pre-Series A fund raise of USD 7-8 million by mid-2024.

Commenting on Baz’s appointment, Joseph Olassa, CEO of Nuivio Ventures, said, “We are thrilled to have Baz Venugopal join our leadership team. His financial acumen and commitment to disciplined financial management align perfectly with Nuivio’s mission to create value for our investors and portfolio companies. Nuivio Ventures has been growing its portfolio through internal revenue accruals and Baz’s experience will enable us to raise external capital by showcasing Nuivio as a great investment opportunity to potential investors”.

Scott Nugent, CCO at Nuivio, stated, “Baz’s appointment underscores our dedication to building a strategic portfolio of AI companies with streamlined financial management. Nuivio is firmly committed to creating sustainable value for our stakeholders, and Baz will play a central role in achieving this goal.”

 

Baz Venugopal shared his excitement about joining Nuivio Ventures, “I’m excited to be part of Nuivio and its commitment to creating value for entrepreneurs and investors. Nuivio provides me with a unique platform and opportunity to build a strong foundation for its growth, innovation and impact in the startup community. I look forward to leading the financial management and fundraising efforts that will support our portfolio companies and drive returns for our investors.”

Emoneeds’ EndTheSilence Campaign Impacts Over 3 Lakh Lives, Highlighting Mental Health as a Universal Human Right

New Delhi, 10th October 2023 – Emoneeds, a pioneering mental and emotional wellness startup, is proud to announce a significant milestone achieved through its ‘#EndTheSilence’ campaign. In collaboration with esteemed partners, 1mg and ekincare, Emoneeds has successfully reached and positively impacted the lives of over 3 lakh individuals. This achievement comes as the world unites to observe World Mental Health Day with the theme of “Universal Human Right.”

Under the campaign the brand organized a series of Webinars around- Anxiety and Mental Health Awareness along with strong messaging and information around signs to look out for to address the challenges related to one’s mental health. Dr. Neerja Agarwal and Dr. Gorav Gupta from Emoneeds along with her esteemed team has curated the entire conversation and communication for the campaign.

The ‘#EndTheSilence’ campaign, orchestrated by Emoneeds, resonates deeply with the core message of Mental Health Day 2023 – mental health is a universal human right. In a world where the stigma surrounding mental health issues persists, Emoneeds has taken remarkable strides to break the silence and shed light on the importance of mental and emotional wellbeing for all.

Emoneeds’ collaboration with healthcare giants, 1mg and India’s most advanced enterprise ready health benefits platform ekincare, has proven instrumental in achieving this significant milestone. Through a series of insightful webinars, these partnerships have brought essential awareness and support to individuals across various walks of life.

“Following the campaign, we understood the barriers even better. It is not a one-way conversation but a dialogue that we establish through this campaign. This opens the stage for audiences and enables us to devise an approach that suits those in need. After all, we are trying to solve it for millions of people here, and the one-size-fits-all approach will never help. We strongly believe that Mental health is a Human right and #EndTheSilence is a powerful campaign that emphasizes the need to prioritize mental health. Emoneeds is setting an inspiring example, working to create a society where mental wellness is universally recognized.” Said Dr Gorav Gupta Co Founder of Emoneeds.

This campaign goes beyond awareness; it strives to create tangible change in the lives of people. Emoneeds recognizes the pivotal role that mental health plays in the workplace. The ‘#EndTheSilence’ campaign champions workplace wellbeing, emphasizing its direct impact on productivity and overall satisfaction. By providing resources and guidance, Emoneeds aims to create a healthier, more productive workforce that fosters organizational success.
Emoneeds remains committed to its mission of enhancing mental and emotional wellness, breaking the silence surrounding mental health issues, and advocating for mental health as a universal human right. As the campaign continues to make a profound impact on lives, Emoneeds invites individuals and organizations to join the movement towards a mentally healthier world.

Niryo, the global startup democratizing collaborative robot arms, raises €10 million

Lille, France, October 10, 2023 : Niryo, the industrial start-up specialized in the design of compact collaborative robotic arms, announces a €6.4 million round of financing, marking a new stage in its ambition to revolutionize the collaborative robotics industry on a global scale. This Series A financing round, led by the BPI Digital Venture investment fund, the Innovacom investment fund and 4 other historical funds (IRD, Finorpa, NFA and Go Capital), aims to support Niryo’s growth, particularly by addressing new use cases, developing a range aimed at professionals, and consolidating its international expansion. This financing is complemented by €3.6 million in loans provided by a banking pool.

Since its creation, Niryo has gained an international reputation for its accessible collaborative robot arms and its Niryo Studio application for controlling them, combined with an approach focused on engagement and proximity with its customers. Its latest robotic arm, NED2, is used and approved worldwide, notably by the education, research and training sectors.Many international companies have also adopted Niryo cobots, including Airbus, Deutsch Bahn, Siemens, Solvay, Coca-Cola as well as Texas Instrument. Guided by the bold vision of its founder, Marc-Henri Frouin, the company has demonstrated an unwavering commitment to the democratization of cobotics, robotics made to work with humans. Its mission? To work towards a new, more resilient and more human-oriented form of robotics.

Marc-Henri Frouin, CEO of Niryo, speaks enthusiastically about this new step: “At Niryo, we are driven by a deep conviction in the power of technology to shape a more sustainable and humane future. Niryo makes collaborative robotics accessible to all, and promotes a more resilient vision of technology. With this fundraising, we continue to write our history by pushing back the limits of what robotics can achieve. It is also an opportunity for us to demonstrate that collaboration between man and machine is the key to innovation in all sectors.”

This €10 million round of financing reinforces the start-up’s ongoing development. With a team of some forty employees, Niryo remains deeply rooted in Lille, France. Indeed, the company continues to favor the use of French products and maintains an in-house assembly process, reinforcing its commitment to national innovation.

“This investment, which we are delighted to announce, is fully in line with our investment philosophy: to support innovative and ambitious industrial projects in our regions. Based in the Hauts-de-France region, Niryo’s products contribute to the development of Industry 4.0 in France, not least through local production. Thanks to its affordable, robust robotic solutions, Niryo offers a wide range of use cases, making industrial robotics, until now reserved for large companies, accessible to smaller structures”, explains Alban Nénert, Business Manager at Innovacom.

Today, Niryo has a presence in over 70 countries, with a strong footprint in the US, Germany and the UK markets. Its latest development, the “NED 2” educational robot, offers an accessible and compact solution for training engineers. This small, lightweight robot can simulate real-life industrial scenarios by connecting several units. Engineering schools and research centers are the main customers for this product, reflecting Niryo’s desire to shape the future of robotics through education and research.

“We’re convinced that the cobot market is set for strong growth over the next few years. Thanks to its range of lightweight, space-saving, easily programmable collaborative robots with a simple UX, Niryo seems ideally positioned to democratize the use of cobots in many sectors, beyond the traditional uses of robotics in industry,” explains Marion Aubry, Investment Director at Bpifrance Digital Venture.

This new phase of financing opens the way to a promising future. It’s an opportunity for the startup pioneer in the educational robotics market to extend its expertise and range of robots to the needs of the professional sector. The company remains committed to transforming collaborative robotics into a sustainable strength, with the main goal of reinforcing the impact of technology while preserving humanity at the heart of every advance.

It is with this in mind that Niryo is opening 20 permanent positions to carry out its ambitious projects.