12, Aug 2026
Cypherpunk Technologies Reports Second Quarter 2026 Financial Results
CAMBRIDGE, Mass., Aug. 12, 2026 /PRNewswire/ — Cypherpunk Technologies Inc., (Nasdaq: CYPH) (“Cypherpunk”), today reported financial results for the second quarter ended June 30, 2026.
“In the second quarter, Cypherpunk built upon the momentum established earlier this year through the disciplined execution of our Zcash digital asset treasury strategy, increasing our treasury holdings to 323,394.38 ZEC, and welcoming Dev Ojha, founder of Valar Group, as an Advisor,” said Douglas E. Onsi, President and CEO of Cypherpunk Technologies. “Our Leap Therapeutics subsidiary reached alignment with the FDA on a proposed Phase 3 trial in a DKK1-high, second-line, metastatic colorectal cancer population, with objective response rate as the primary endpoint to support accelerated approval and overall survival to support full approval in the United States and registration globally. We are conducting a strategic process to determine the best path to advance sirexatamab, whether as an independently financed spin-out company or with a partner who shares our commitment to cancer patients.”
“In an increasingly AI-driven economy, the demand for true privacy is moving from a technical preference to a civilizational necessity. Our execution in the second quarter reinforces Cypherpunk’s conviction in Zcash as a foundational monetary asset. By growing our ZEC treasury, expanding our world-class advisory team, and continuing to back core infrastructure developers like ZODL, we are systematically positioning Cypherpunk to capture the long-term value of digital privacy adoption,” said Will McEvoy, Chief Investment Officer of Cypherpunk.
Cypherpunk Highlights:
- Zcash treasury holdings increased to 323,394.38 ZEC
- As of August 11, 2026, Cypherpunk held a total of 323,394.38 ZEC at an average purchase price of $341.83, representing approximately 1.92% of the total circulating supply of the Zcash network.
- ZEC is a digital currency that can be transmitted over a peer-to-peer payment system. Zcash uses a cryptographic method called “zero-knowledge proofs” to allow users to engage in financial transactions while maintaining greater privacy.
- Dev Ojha Appointed as an Advisor
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- Cypherpunk appointed Dev Ojha, the founder of Valar Group, a leading development and research team focused on the Zcash Network, as an Advisor. Valar Group has taken a significant role in developing Zakura, a high-performance full node software designed for massive scalability of Zcash, and on the Ironwood shielded pool. Dev also serves as an official ZIP Editor for Zcash protocol standards. Cypherpunk’s Advisory Team also includes: Arjun Khemani, Zcash key opinion leader; Josh Swihart, CEO of ZODL; Jeff Tiller, Chief of Staff of Gemini; and Zooko Wilcox, Founder of Zcash and Chief Product Officer at Shielded Labs.
Leap Therapeutics Subsidiary Highlights:
- Publication of randomized Phase 2 DeFianCe study in Clinical Cancer Research
- Leap Therapeutics announced the publication of results from the randomized Phase 2 DeFianCe (NCT05480306) study of sirexatamab (DKN-01), an anti-DKK1 monoclonal antibody, in Clinical Cancer Research. The publication, “Sirexatamab in Combination with Bevacizumab and Chemotherapy as Second-Line Therapy for Advanced Colorectal Adenocarcinoma: the Phase II DeFianCe Trial,” reported the complete efficacy, safety, and biomarker analyses from the study and details the statistical basis for the DKK1 biomarker finding.
- The peer-reviewed analyses establish that, while the prespecified primary endpoint was not met in the intent-to-treat population, the benefit of sirexatamab increases as a patient’s baseline plasma DKK1 level rises — a relationship confirmed by independent statistical approaches and reinforced by the observation that high DKK1 predicts poorer outcomes on standard of care alone. Together, these findings define DKK1-high metastatic colorectal cancer (mCRC) as a biologically distinct population with high unmet need.
- Reached FDA alignment on registrational Phase 3 trial in DKK1-high colorectal cancer
- Leap Therapeutics held a Type C meeting with the FDA to discuss the DeFianCe results and proposed registrational path for sirexatamab in DKK1-high, second-line mCRC. Leap presented its proposed Phase 3 trial design, and the FDA provided feedback supporting key elements of that design, including the use of a DKK1 biomarker-selected patient population and a dual-endpoint structure intended to support both accelerated and full approval.
- Leap Therapeutics reached alignment with the FDA on a randomized, controlled Phase 3 trial evaluating sirexatamab in combination with investigator’s-choice fluoropyrimidine-based chemotherapy (FOLFIRI or mFOLFOX6) plus bevacizumab, compared with chemotherapy and bevacizumab alone. Approximately 270 patients with mCRC whose disease has progressed following one prior line of systemic therapy prospectively identified as DKK1-high using a baseline plasma DKK1 assay cut point are expected to be enrolled and randomized 1:1. Potential accelerated approval in the United States could be determined by objective response rate (ORR) in an initial group of approximately 160 patients, and overall survival (OS) will be evaluated in the full study population intended to support a filing for full approval in the United States and to support registration in markets outside the United States.
- A blood-based companion diagnostic would be developed in parallel to identify DKK1-high patients in routine clinical practice.
- Sirexatamab received Fast Track designation from FDA
- In May 2026, the FDA granted Fast Track designation to sirexatamab in combination with fluoropyrimidine plus oxaliplatin- or irinotecan-based chemotherapy and bevacizumab, for the treatment of patients with DKK1-high mCRC whose disease has progressed following one prior systemic therapy.
- The Fast Track program is intended to facilitate the development and expedite the review of drug candidates and vaccines that treat serious conditions and fill an unmet medical need. Programs with Fast Track designation may benefit from frequent communication with the FDA, in addition to a rolling submission of the marketing application.
- Business update
- Leap Therapeutics has initiated a strategic process to identify the best path forward for sirexatamab and to secure the resources required to advance the program into Phase 3 development. The process is expected to consider a range of alternatives, which may include financing the program as an independent entity, or a strategic transaction with a pharmaceutical or biotechnology company, including a partnership, license, collaboration, sale, or other business combination.
- There can be no assurance that the strategic process will result in any transaction or financing, or that any transaction or financing that is completed will be on terms favorable to the Company or its stockholders. The Company has not set a timetable for the conclusion of the process and does not intend to disclose developments unless and until it determines that further disclosure is appropriate or required.
Selected Second Quarter 2026 Financial Results
Net income was $39.4 million, or $0.18 per diluted share, for the second quarter of 2026, compared to a net loss of $16.6 million for the second quarter of 2025. The change was primarily due to a $46.0 million unrealized gain on the fair value of the Company’s ZEC treasury holdings during the second quarter of 2026, which are marked to market at the end of each period. During the second quarter of 2026, the price of ZEC increased from $243.35 to $400.09.
Research and development expenses were $0.2 million for the three months ended June 30, 2026, compared to $10.5 million for the same period in 2025. The decrease was primarily due to a decrease in clinical trial and manufacturing expenses due to the completion of the clinical trials, together with a decrease in payroll and related expenses associated with the 2025 reduction in force.
General and administrative expenses were $4.5 million for the three months ended June 30, 2026, compared to $1.8 million for the same period in 2025. The increase of $2.7 million for the three months ended June 30, 2026 was primarily due to a $1.7 million increase in stock-based compensation related to restricted stock units granted to general and administrative employees and directors in the fourth quarter of 2025, a $0.8 million increase in payroll and related expenses, and a $0.2 million increase in professional fees.
During the three months ended June 30, 2026, the Company recorded a $46.0 million unrealized gain on the change in fair value of the Company’s ZEC treasury holdings as the price of ZEC increased during the second quarter of 2026 from $243.35 to $400.09.
Cash and cash equivalents totaled $7.6 million on June 30, 2026, and ZEC treasury holdings, categorized as digital asset receivable, totaled $129.4 million based on the ZEC price of $400.09 on June 30, 2026.
About Cypherpunk
Cypherpunk Technologies is a privacy technology company. The Company’s mission is to advance technologies that guarantee privacy for humans on the internet. Cypherpunk pursues this mission through two primary strategies: accumulating Zcash (ZEC); and investing in, acquiring, and building technologies that push the frontier of privacy forward. Additionally, through its subsidiary Leap Therapeutics, the Company is developing novel therapies for patients with cancer, continuing the development of sirexatamab and FL-501. For more information about the Company, visit our websites at http://www.cypherpunk.com and http://www.leaptx.com or view our public filings with the SEC that are available via EDGAR at http://www.sec.gov.
FORWARD-LOOKING STATEMENTS
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. Forward-looking statements address various matters including statements relating to the value of the Company’s ZEC holdings, the investment in Zcash Open Development Labs (“ZODL”), or digital assets held or to be held by the Company, the expected future market, price, and liquidity of ZEC or other digital assets the Company acquires, the macro and political conditions surrounding Zcash or digital assets, the Company’s plan for value creation and strategic advantages, market size and growth opportunities, regulatory conditions, competitive position and the interest of other corporations in similar business strategies, technological and market trends, and future financial condition and performance. Risks and uncertainties of the digital asset treasury strategy include, among others: (a) risks relating to the Company’s operations and business, including the highly volatile nature of the price of ZEC; (b) the risk that material changes in the price of ZEC, such as decreases in price, will result in significant changes to the Company’s financial statements, such as unrealized losses on fair value of ZEC holdings and net loss; (c) the risk that the price of the Company’s common stock may be highly correlated to the price of ZEC; (d) the risk that the Company will fail to realize the anticipated benefits of the ZEC digital asset treasury strategy or the investment in ZODL; (e) risks related to the custody of our ZEC and our reliance on Gemini Space Station and its affiliates for trading and custody services; (f) changes in business, market, financial, political and regulatory conditions; (g) risks related to increased competition in the industries in which the Company does and will operate; (h) risks relating to significant legal, commercial, regulatory and technical uncertainty regarding digital assets generally; (i) risks relating to the treatment of crypto assets for U.S. and foreign tax purposes; and (j) the Company’s ability to comply with the continued listing requirements of the Nasdaq Capital Market.
With respect to our biotechnology operations, important factors that could cause actual results to differ materially from our plans, estimates or expectations could include, but are not limited to: (i) the DeFianCe study did not meet its prespecified primary endpoint of progression-free survival in the intent-to-treat population; (ii) the DKK1 biomarker subgroup and interaction analyses were exploratory, were based on a limited number of patients, were not adjusted for multiplicity, and may not be replicated in a prospective clinical trial; (iii) the impact of imbalances between treatment arms in the DKK1 subgroups; (iv) the risk that alignment with the FDA on trial design does not constitute agreement that any trial will succeed or that any marketing application will be accepted or approved, and the FDA may change its position at any time; (v) accelerated approval, if pursued, requires that the surrogate endpoint be reasonably likely to predict clinical benefit and is subject to confirmatory trial requirements and possible withdrawal if such requirements are not satisfied; (vi) the Company’s ability to initiate or complete the Phase 3 trial on the anticipated timeline or at all; (vii) the Company’s ability to obtain additional capital to advance sirexatamab on acceptable terms or at all; (viii) that risk that the strategic process may not result in any transaction or financing, may be terminated at any time, and any resulting transaction may not be on terms favorable to the Company or its stockholders; (ix) the Company’s ability to develop and validate a companion diagnostic; (x) the success of competing therapies; (xi) the Company’s ability to secure manufacturing capacity for sirexatamab; and (xii) the Company’s ability to maintain and protect its intellectual property rights.
New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements. The Company may not actually achieve the forecasts disclosed in such forward-looking statements, and you should not place undue reliance on such forward-looking statements. Such forward-looking statements are subject to a number of material risks and uncertainties including but not limited to those set forth under the caption “Risk Factors” in the Company’s most recent Annual Report on Form 10-K filed with the SEC, or as may be included in other reports or information we file with the SEC, as well as discussions of potential risks, uncertainties, and other important factors in its subsequent filings with the SEC. Any forward-looking statement speaks only as of the date on which it was made. Neither the Company, nor any of its affiliates, advisors or representatives, undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date hereof.
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Cypherpunk Technologies Inc. |
||||||||||
|
Consolidated Balance Sheets |
||||||||||
|
(in thousands, except share and per share amounts) |
||||||||||
|
June 30, |
December 31, |
|||||||||
|
2026 |
2025 |
|||||||||
|
(Unaudited) |
||||||||||
|
Assets |
||||||||||
|
Current assets: |
||||||||||
|
Cash and cash equivalents |
$ 7,624 |
$ 14,035 |
||||||||
|
Digital assets receivable |
1,29,387 |
1,47,404 |
||||||||
|
Research and development incentive receivable |
– |
602 |
||||||||
|
Prepaid expenses and other current assets |
539 |
40 |
||||||||
|
Total current assets |
1,37,550 |
1,62,081 |
||||||||
|
Right of use assets, net |
38 |
38 |
||||||||
|
Deferred costs |
348 |
401 |
||||||||
|
Deposits |
33 |
662 |
||||||||
|
Other investment |
5,000 |
– |
||||||||
|
Total assets |
$ 1,42,969 |
$ 1,63,182 |
||||||||
|
Liabilities and Stockholders’ Equity |
||||||||||
|
Current liabilities: |
||||||||||
|
Accounts payable |
$ 588 |
$ 1,981 |
||||||||
|
Accrued expenses |
1,014 |
2,067 |
||||||||
|
Income tax payable |
97 |
472 |
||||||||
|
Lease liability |
38 |
38 |
||||||||
|
Total current liabilities |
1,737 |
4,558 |
||||||||
|
Non-current liabilities: |
||||||||||
|
Deferred tax liability |
1,913 |
5,118 |
||||||||
|
Total liabilities |
3,650 |
9,676 |
||||||||
|
Stockholders’ equity: |
||||||||||
|
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued |
– |
– |
||||||||
|
Common stock, $0.001 par value; 490,000,000 shares authorized; 107,764,382 and 83,851,051 |
108 |
84 |
||||||||
|
Stock subscription receivable |
– |
(150) |
||||||||
|
Additional paid-in capital |
6,39,618 |
6,16,216 |
||||||||
|
Accumulated other comprehensive loss |
(81) |
(95) |
||||||||
|
Accumulated deficit |
(5,00,326) |
(4,62,549) |
||||||||
|
Total stockholders’ equity |
1,39,319 |
1,53,506 |
||||||||
|
Total liabilities and stockholders’ equity |
$ 1,42,969 |
$ 1,63,182 |
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Cypherpunk Technologies Inc.
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||||||||||||||
|
(Unaudited) |
(Unaudited) |
|||||||||||||
|
Three Months Ended June 30, |
Six Months Ended June 30, |
|||||||||||||
|
2026 |
2025 |
2026 |
2025 |
|||||||||||
|
Operating expenses: |
||||||||||||||
|
Research and development |
$ 197 |
$ 10,537 |
$ 358 |
$ 23,448 |
||||||||||
|
General and administrative |
4,492 |
1,817 |
9,148 |
4,823 |
||||||||||
|
Restructuring charges |
– |
4,527 |
– |
4,527 |
||||||||||
|
Total operating expenses |
4,689 |
16,881 |
9,506 |
32,798 |
||||||||||
|
Loss from operations |
(4,689) |
(16,881) |
(9,506) |
(32,798) |
||||||||||
|
Interest income |
63 |
246 |
158 |
683 |
||||||||||
|
Interest expense |
(6) |
(7) |
(13) |
(13) |
||||||||||
|
Australian research and development incentives |
– |
1 |
– |
56 |
||||||||||
|
Change in fair value of embedded derivative |
45,993 |
– |
(31,562) |
– |
||||||||||
|
Foreign currency gain (loss) |
1 |
(2) |
1 |
(6) |
||||||||||
|
Income (loss) before income taxes |
41,362 |
(16,643) |
(40,922) |
(32,078) |
||||||||||
|
Benefit from (provision for) income taxes |
(1,973) |
– |
3,145 |
– |
||||||||||
|
Net income (loss) attributable to common stockholders |
$ 39,389 |
$ (16,643) |
$ (37,777) |
$ (32,078) |
||||||||||
|
Net income (loss) per share |
||||||||||||||
|
Basic |
$ 0.21 |
$ (0.40) |
$ (0.21) |
$ (0.78) |
||||||||||
|
Diluted |
$ 0.18 |
$ (0.40) |
$ (0.21) |
$ (0.78) |
||||||||||
|
Weighted average common shares outstanding |
||||||||||||||
|
Basic |
18,43,28,441 |
4,14,44,979 |
17,62,60,808 |
4,13,57,423 |
||||||||||
|
Diluted |
21,73,43,013 |
4,14,44,979 |
17,62,60,808 |
4,13,57,423 |
||||||||||
|
Leap Therapeutics, Inc.
|
||||||||||||||
|
(Unaudited) |
(Unaudited) |
|||||||||||||
|
Three Months Ended June 30, |
Six Months Ended June 30, |
|||||||||||||
|
2026 |
2025 |
2026 |
2025 |
|||||||||||
|
Cash used in operating activities |
$ (2,692) |
$ (14,486) |
$ (6,122) |
$ (28,966) |
||||||||||
|
Cash used in investing activities |
(9,544) |
– |
(18,544) |
– |
||||||||||
|
Cash provided by (used in) financing activities |
13,167 |
(119) |
18,242 |
(180) |
||||||||||
|
Effect of exchange rate changes on cash and cash equivalents |
4 |
22 |
13 |
27 |
||||||||||
|
Net increase (decrease) in cash and cash equivalents |
935 |
(14,583) |
(6,411) |
(29,119) |
||||||||||
|
Cash and cash equivalents at beginning of period |
6,689 |
32,713 |
14,035 |
47,249 |
||||||||||
|
Cash and cash equivalents at end of period |
$ 7,624 |
$ 18,130 |
$ 7,624 |
$ 18,130 |
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CONTACT:
Douglas E. Onsi
President & Chief Executive Officer
Cypherpunk Technologies Inc.
617-714-0360
For Investors:
Matthew DeYoung
Investor Relations
Argot Partners
212-600-1902
leap@argotpartners.com
For Media:
Jacqueline Ortiz Ramsay
It Factor Strategies
954-294-3249
jacqueline@itfactorstrategies.com

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- 0
- By Sai Krishna
12, Aug 2026
Celebrate Independence Day at Moxy Bengaluru Airport Prestige Tech Cloud with The United Plates of India
Bengaluru, Aug 12: This Independence Day, gather your favourite people for an afternoon of good food, great company and Moxy’s signature energy. On Saturday, 15th August, Moxy Bengaluru Airport Prestige Tech Cloud invites guests to celebrate with The United Plates of India, an indulgent Independence Day brunch at Moxy Kitchen, bringing together a vibrant spread of flavours and a relaxed afternoon of celebrations.
From 12:30 PM to 3:30 PM, Moxy Kitchen sets the scene for an easy-going Independence Day gathering, with a spread designed for long lunches and even longer conversations. Whether it’s a family get-together, a catch-up with friends, or simply a reason to step away from the everyday, the brunch offers an enjoyable way to spend the national holiday.
Staying true to Moxy’s playful, social-first spirit, The United Plates of India is all about bringing people together around the table. Starting at INR 1,999++, the brunch pairs a celebratory dining experience with Moxy’s upbeat atmosphere, making it an easy pick for those looking to make the most of the long weekend with their favourite people.
At Moxy Bengaluru Airport Prestige Tech Cloud, celebrations are never meant to feel predictable. From its lively social spaces to its youthful approach to hospitality, the hotel continues to create experiences that encourage guests to eat, drink, connect and have a good time. This Independence Day, Moxy Kitchen brings that spirit to the table with a brunch that is relaxed, vibrant and made for togetherness.
So, this 15th August, gather your crew, bring your appetite and celebrate Independence Day with The United Plates of India at Moxy Kitchen. #AtTheMox.
12, Aug 2026
Manufacturing GVA Rises 10.88 pc in Three Years, Government Data Shows
New Delhi, Aug 12: India’s manufacturing sector recorded 10.88 per cent growth in Gross Value Added (GVA) during 2022-23 to 2025-26, according to government data based on the revised national accounts series.

Pic Credit: Pexel
The figures point to a strong expansion in manufacturing activity over the three-year period, as the sector continues to play an important role in India’s broader economic growth.
The government has been focusing on strengthening domestic manufacturing through initiatives aimed at attracting investment, improving infrastructure and supporting businesses across key industrial segments.
Schemes such as the Production Linked Incentive programme have encouraged investment in areas including electronics, automobiles, pharmaceuticals and other strategic industries. At the same time, improvements in logistics and connectivity are helping manufacturers reach both domestic and international markets more efficiently.
The revised national accounts series uses 2022-23 as its base year and provides an updated assessment of economic activity across different sectors.
The manufacturing sector is also gradually moving towards more technology-intensive production. This includes growing activity in electronics, advanced engineering, semiconductors and other high-value industries.
For businesses, this shift is creating new opportunities while also increasing the need for investment in modern technology, skilled workers and efficient production systems.
The government has also been seeking to strengthen domestic supply chains and encourage Indian manufacturers to become more integrated with global value chains. Greater participation in global manufacturing could help expand exports and create new employment opportunities.
The latest GVA figures provide an encouraging picture of manufacturing performance under the revised measurement framework. However, maintaining this momentum will depend on continued investment, stable supply chains, access to skilled talent and the ability of Indian companies to remain competitive.
With manufacturing expected to remain central to India’s long-term growth plans, the sector’s performance will continue to be closely watched as the country works to build a stronger and more globally competitive industrial base.
12, Aug 2026
Indian Companies Go Global: 77% Plan to Increase Overseas Hiring, Deel Survey
Aug 12 – Indian businesses are looking well beyond their borders to fuel growth, according to a new survey by Deel, which finds that 77% of Indian companies plan to increase global hiring over the next 12-18 months. The research signals a shift in how Indian organisations are building and structuring their workforces, as access to specialised talent, proximity to customers, and round-the-clock operations emerge as the leading drivers of international expansion.
The survey of 1,008 senior decision-makers and HR leaders across seven major Indian cities finds that global hiring is no longer a fringe strategy but a mainstream one. More than half (54%) of companies already have more than a quarter of their workforce based outside India. Additionally, more than half (58%) of companies operate in four or more countries, with nearly 20% already operating across more than 10 countries.
Specialised talent, not cost, is fuelling global expansion
34% of respondents cite access to specialised or emerging skills as their top reason for hiring globally, followed by 33% who hire to be closer to customers and local markets, and 20% who cite the ability to run 24/7 operations. The findings underscore that for Indian companies, going global is a talent and market-access strategy, not a cost play.
Global hiring is heavily concentrated in technology roles:
Companies expanding overseas are looking to fill the skills gap and also revenue-critical roles. Nearly nine in ten (89%) of companies hiring globally are looking for advanced technology and engineering talent, such as core developers, AI/ML specialists, and R&D professionals. This is followed by sales and business development (80%) and product and design (45%).
North America remains the top destination for Indian companies’ global workforces, cited by 36% of respondents, ahead of Europe/UK (27%) and APAC (21%). This suggests employers are willing to pay more to hire the right talent from high-income economies for roles that directly influence roadmap and revenue.
“India’s economic momentum, maturing startup ecosystem, thriving digital economy, and increasingly supportive policy environment are giving Indian companies the confidence to build globally, not just serve global clients from India. The winners will be those treating international expansion as a core growth strategy – backed by the right talent, technology, and compliance foundations. In the next few years, India’s most ambitious companies will be measured not just by revenue growth, but by its global footprint,” said Rakesh Gaur, Head of Sales for India at Deel.
Compliance, not cost, is the biggest barrier to scaling globally
As Indian companies expand their international footprint, compliance has emerged as the biggest obstacle to scaling. Three quarters (76%) of respondents cite compliance and administrative burden, not the cost of expansion, as their primary challenge. This includes navigating global payroll, local tax laws, statutory benefits, and risks such as misclassification and permanent establishment.
The impact is already being felt: One in three (36%) of companies report moderate or significant disruption to their expansion plans due to compliance issues, and only one in ten (10%) say they are highly confident their global HR and payroll setup is fully compliant.
Compliance delays are already impacting business performance
The impact of compliance challenges extends well beyond HR and legal teams. Among companies that experienced delays in their global expansion, the biggest causes were local entity setup taking longer than expected (42%), followed by visa, immigration or work permit delays (31%), payroll, tax or statutory filing errors (27%), and internal system or process gaps caused by manual or disconnected tools (25%).
The business consequences are significant. Seven in ten (70%) companies say compliance-related delays pushed back a product or market launch, while 67% report strain on leadership time, team morale or company reputation. Nearly six in ten (59%) experienced delayed revenue because new hires were not productive on time, 49% lost or delayed a deal, contract or project, and 38% incurred additional legal, remediation or unplanned costs. Only 20% say the delays had no measurable financial impact.
Fragmented operations are slowing global growth
Workforce operations also remain fragmented. Nearly half (46%) of companies use a central HR system but still manage global payroll manually, and 44% juggle between two to five separate HR or workforce platforms to manage their international teams.
Rakesh adds, “Indian companies want to scale globally, but managing compliance across fragmented systems isn’t just inefficient – it’s a compliance liability. The ones that win will consolidate their operations onto a platform built for global growth.”
EOR adoption is becoming the default route to global expansion
Against this backdrop of rising complexity, Employer of Record (EOR) solutions are emerging as the default strategy for Indian companies scaling internationally. 34% of companies already use an EOR model, while another 24% use a mix of employment models, combining EOR, contractors, and owned entities, depending on the country and role.
Among companies already using an EOR, the benefits are clear: 40% say it saves them both time and cost, and a further 35% say it primarily saves time.
About the Research
The survey was conducted among 1,008 senior decision-makers directly involved in global hiring, expansion, and workforce strategy across seven Indian cities — Delhi/NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune, and Kochi — spanning sectors including IT, BFSI and fintech, telecom and technology services, healthcare, retail, education, media, entertainment & gaming, and professional services. The mobile/web-based survey used stratified sampling and comprised 15 questions.
12, Aug 2026
DigiLocker Crosses 72.43 Crore Users, UMANG Surpasses 11.66 Crore
New Delhi, Aug 12: India’s digital governance ecosystem is continuing to expand, with DigiLocker crossing 72.43 crore registered users and the UMANG platform reaching more than 11.66 crore users, reflecting the growing adoption of online government services across the country.
The increasing use of these platforms shows how digital tools are gradually changing the way citizens access government documents and services. For many people, tasks that once required paperwork and visits to government offices can now be completed through a mobile phone or computer.
DigiLocker has emerged as an important platform for accessing and sharing digital documents. Citizens can use the service to obtain documents issued by government departments and authorised institutions, making it easier to keep important records available when required.
The platform is particularly useful for documents that people frequently need for education, employment, travel, financial services and other official purposes.
UMANG has similarly brought a wide range of government services together on one digital platform. Its growing user base reflects increasing demand for convenient access to public services without the need to visit multiple offices or websites.
The expansion of digital services is also helping improve access for people outside major cities. Citizens in smaller towns and rural areas can increasingly use online platforms for routine government-related requirements, potentially saving time and reducing travel.
At the same time, digital access remains uneven for sections of the population. To address this, assisted digital-service centres continue to provide support to people who may not have smartphones, computers or reliable internet access.
The growth of DigiLocker and UMANG is part of a wider shift towards paperless and technology-enabled governance in India. As more departments bring services online, citizens are gaining access to an increasing number of government facilities through a single digital ecosystem.
For ordinary users, the biggest benefit is convenience. Documents can be accessed when needed, while several public services can be reached without navigating multiple physical offices.
The rising number of registered users also indicates that digital public services are becoming a regular part of everyday interactions between citizens and government.
With continued expansion of services and greater emphasis on accessibility, platforms such as DigiLocker and UMANG are expected to remain important components of India’s digital governance journey.
12, Aug 2026
CPDL Strengthens Power Infrastructure with Commissioning of New 11 kV Feeder for Sector-46-C Area
Chandigarh, August 12, 2026: Chandigarh Power Distribution Limited (CPDL) has commissioned a new 11 kV 46–C Feeder originating from the 66/11 kV Sector-47 Grid Substation, taking another step towards strengthening the city’s power distribution network. The project has been completed at an approximate cost of Rs 55 lakh.
The newly commissioned feeder is designed to enhance the reliability and operational flexibility of the electricity distribution network in Sector–46–C and adjoining areas.
CPDL officials said that the new feeder will provide substantial load relief to the existing 11 kV feeder for Sector 46 C & D, emanating from the Sector-32 Grid Substation, reducing feeder loading and improving the continuity and reliability of power supply for consumers.
The project will also enhance network flexibility by enabling efficient load redistribution with improved system redundancy.
In addition, it will facilitate planned cut-point shifting to provide further load relief to the 11 kV 32 Water Works Feeder originating from the Sector-52 Grid Substation, thereby improving the overall performance of the distribution network.
Consumers in the area will benefit from improved voltage regulation, reduced chances of feeder overloading, and outages. The additional infrastructure will also enable CPDL to cater to future growth in electricity demand in the locality.
12, Aug 2026
HTX Releases July Performance Report: TradFi Zone Evolves, Reaching Record Daily Trading Volume
APIA, Samoa, Aug. 12, 2026 /PRNewswire/ — As market narratives shift rapidly, investors increasingly demand broader asset allocation and higher capital efficiency. The ability to capture market opportunities instantly, alongside solid product offerings, earnings, and services, serves as the most direct benchmark for evaluating a trading platform. In July 2026, staying true to its “User First” principle, HTX delivered a multi-dimensional performance report marked by a 15% month-to-month growth in new registered users, driven by continuous optimization across listings, trading tools, earning products, campaign operations, and ecosystem building.

Expansion of TradFi Zone Drives Surging Trading Volume
This month, HTX continued to scale its Futures listings, launching 56 new assets, including 51 trending stock contracts. The listings are tightly focused on four high-demand sectors: commodities, precious metals, AI chips, and memory. HTX has carefully selected the core assets that attract the most market attention, balancing strong growth potential with resilient defensive characteristics. AI and semiconductors emerged as the dominant narratives in July, with key memory and computing assets such as SKHYNIX and SKHY (SK Hynix), MU (Micron Technology), and SNDK (SanDisk) going live consecutively, helping users flexibly capture market momentum. Currently, the platform supports 170 TradFi assets, covering US individual stocks, ETFs, and Pre-IPOs, maintaining a leading industry position in individual US stock coverage. Users can trade global core assets seamlessly on HTX, all in one place, without the need to switch between platforms.
Alongside asset expansion, the trading experience underwent continuous optimization. In July, HTX Futures completed deep adaptations for TradFi, optimizing index sources and funding rates to align stock contract pricing more closely with real market conditions. The website version launched a dedicated TradFi navigation tab, making it easier for users to locate stock targets. Furthermore, the Stock Contract Rebase feature is scheduled to launch in Q3, which will further upgrade the trading experience.
This was followed by a surge in trading volume. At the end of July, the daily trading volume of the HTX TradFi zone hit a historical high, surging more than 10x over the June daily average. The cumulative TradFi trading volume reached approximately $2.5 billion.

Beyond refining TradFi futures trading, HTX is expanding the integration of traditional finance and crypto markets. As RWAs, particularly tokenized stocks, gradually become a major global trend, HTX continues to monitor international regulatory dynamics, studying regulatory frameworks and compliance pathways to prepare for future product innovations and global expansion.
Copy Trading & Trading Bots Grow; Trailing Grid Officially Launched
Despite recent pressure in the crypto market, HTX’s two automated futures trading businesses defied the market trend to achieve strong growth: July copy trading volume soared by 184% MoM, Futures trading bot volume grew by 9% MoM, and the platform’s daily average position value increased by 7%.
The growth in copy trading stems from the development of the trader ecosystem. The platform continuously optimized its leaderboard mechanism, attracting and retaining quality traders to steadily expand the talent pool. This provided users with richer, more professional copy trading choices, boosting both yield experiences and user trust.
In terms of grid trading tools, the Trailing Grid feature officially launched in July, allowing grid intervals to dynamically adjust with market movements. This helps users capture volatility gains more intelligently in choppy markets. The initial order-placement mechanism for Futures Grid was simultaneously upgraded to a limit order, effectively compressing slippage losses caused by market fluctuations and improving the long-term yield performance of grid bots.
Multiple trading experience optimizations were also implemented for high-frequency user scenarios. A one-click close feature for dual-direction positions on the same trading pair allows users to close positions with a single click during fast-moving markets. Risk control models and trigger rules were optimized, further strengthening protection against negative balances under extreme market conditions. The newly launched Futures Event Center consolidates various futures event entries into a single page, eliminating the need to jump between multiple tabs.

Earn Subscriptions Exceed $290M; Lending System Comprehensively Upgraded
Capital efficiency remains a top concern for long-term holders. In July, HTX Earn recorded nearly 28,000 participating users with total subscription volume exceeding $290 million. Stablecoins remained the most popular choice. Flexible Earn products for USDT, USDD, and USDC attracted over 20,000 participants with continuously competitive returns, driving subscription volumes close to $250 million. Tailored for Prime 5 and above clients, the BTC VIP Flexible Earn product was launched, offering 1% APY. Combined with the previously launched USDT VIP Flexible Earn product, major clients gained broader options for long-term asset allocation.
Lending services introduced innovative mechanisms. Collateral Swap launched the TRX on-chain energy arbitrage feature. Users stake BTC, ETH, or USDT to borrow TRX, deposit it into TRON Stake 2.0 to generate and lease energy, and secure high annualized yields. At the same time, limited-time low-interest loan options were rolled out for popular assets including XAUT, HYPE, ONDO, and AAVE, further lowering financing costs for holders. HTX’s Liquidity Boost continued to provide large-scale lending services to global top-tier market makers and institutional clients. Supporting multiple assets such as TRX and USDT, it offers customized solutions for clients with super-large volume demands, featuring higher TVLs and softer liquidations.
Celebrating the World Cup Online & Offline: SVIP Trip Reshapes Service Experience
The 2026 FIFA World Cup was July’s most globally watched event. Capitalizing on this trend, HTX launched a World Cup prediction campaign featuring a total prize pool of 500,000 USDT, covering predictions on champion, match outcomes, and goal tallies, adding an extra layer of engagement for global users. The campaign attracted nearly 13,000 registered participants, who cast over 180,000 prediction votes, driving a trading volume approaching $170 million.
Beyond online engagement, HTX brought SVIP clients straight to the World Cup venue. To thank core clients for their long-term companionship and support, HTX hosted an exclusive VIP tour during the quarter-finals, offering stadium VIP boxes and customized itineraries, allowing SVIP clients to experience the passion of the World Cup firsthand.

Genesis Hackathon Concludes Successfully; $HTX Utility Expands
In July, the Genesis Hackathon, co-hosted by HTX DAO and B.AI, drew to a successful close. As a core part of the HTX DAO Genesis Program, this hackathon focused on the AI and Web3 track, attracting over 200 developer teams to explore quality projects across AI agents, AI trading, AI payments, AI wallets, and DeFi. It connected global developers, investment institutions, and ecosystem partners to continuously enrich the innovative ecosystem of HTX DAO.
This July, HTX launched the inaugural TradFi “Trade to Earn” event. Users not only traded TradFi contracts with negative fees, but also saw 100% of their trading fees being allocated to the buyback and burn of $HTX, supporting its long-term value stability. The first round achieved a trading volume exceeding 63 million USDT, returning over 1.8 billion $HTX in fees to users. The second round of TradFi “Trade to Earn” is currently underway.
The 13th Anniversary Approaches: More Surprises Are on the Way
Looking back at July, every initiative by HTX pointed to a single core objective of delivering a better user experience. HTX is about to usher in its 13th-anniversary celebration, with numerous exciting events right around the corner to reward new and existing users for their trust and support. Over the past thirteen years, HTX has navigated through bull and bear cycles alongside global users, experiencing the industry’s ups and downs. Moving forward, the platform will continue to embed “User First” into every detail, providing every user with a more complete, secure, and diverse digital asset participation scenario.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
To learn more about HTX, please visit https://www.htx.com/ or HTX Square, and follow HTX on X, Telegram, and Discord.
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12, Aug 2026
Chandigarh University’s Architecture Students Secure 217 Placements in Leading Architecture Firms
Architecture Students Placed in Leading Firms Shapoorji Pallonji, Mahindra & Mahindra, Stonex & Tata Consulting Engineers; Students Secure Package of ₹12 LPA
University students launch 5 Entrepreneurial architect Ventures
CHANDIGARH, India, Aug. 12, 2026 /PRNewswire/ — The rapidly evolving architecture, construction, infrastructure and design sectors have given rise to the demand for specially trained professionals who can combine their design thinking with technical competence, practical exposure and industry readiness.
Aligned with the evolving needs of the architecture and built-environment sector, the University Institute of Architecture (UIA) at Chandigarh University has integrated industry exposure and experiential learning into its Bachelor of Architecture programme with 217 students securing placements over the last four years.
The placement performance of students of Architecture at Chandigarh University has remained consistently strong with 52 students placed from the 2023 batch, 49 from the 2024 batch, 56 from the 2025 batch and 60 from the 2026 batch, reflecting a steady rise in the number of graduates entering professional careers. The department has also recorded a highest annual package of ₹12 lakh, showcasing the professional competence and industry acceptance of its graduates.
The UIA students have secured opportunities with leading organisations across architecture, infrastructure, construction, design, real estate and allied sectors, including Tata Consulting Engineers, Shapoorji Pallonji, Mahindra & Mahindra, Stonex, FivD, Intec Infra, Damsun India, The Wave Group, Confluence Consultancy Services, Sanrachna Builders, CtrlS Group of Companies and Gauri Khan Design, among others.
Among the most notable placement achievements, Satyabrata Mohanty, one of the students at UIA, Chandigarh University secured a position as Junior Architect with CtrlS Group of Companies with an annual package of ₹12 lakh, emerging as one of the highest paid UIA graduates. Riya Thakur secured a job offer from Stonex at an annual package of ₹9 lakh while Gantavya joined Intec Infra at ₹7.20 lakh per annum. Shriyanshi Tiwari secured an opportunity with FivD, while several other graduates have obtained positions with leading architecture, infrastructure and design organisations.
The department’s placement engagement with industry has included Tata Consulting Engineers in 2023; Sanrachna Builders and Cargaison Express in 2024 and India Eye Institute (MAQ Software), Mahindra & Mahindra, Sanrachna Builders, Confluence Consultancy Services, Cosmo Sunshield, Arkance, Damsun India, Homevista Decor and Furnishing (HomeLane) and Stonex India in 2025. The 2026 placement cycle further saw participation from DLF, Value Drive Technology, The Wave Group, Cosmo Sunshield, Studiokon Venture, Gold Plus Glass Industry, FivD, Stonex, UltraTech and Intec Infra. UIA graduates are working as architects, senior architects, project architects, designer architects and junior architects across cities including Delhi, Gurugram, Mumbai, Pune, Bengaluru, Ludhiana, Chandigarh and Mohali among others.
Graduates have also moved into leadership and multidisciplinary roles, with Shubham Popli serving as CEO of ARC 18 and several alumni establishing their own professional ventures. Berisha Peral is working as Senior Architect with Tata Consulting Engineers in Bengaluru at a current package of ₹7 lakh while Arshi Nigam, also associated with Tata Consulting Engineers, is working as Senior Architect in Ludhiana at ₹7 lakh. Gunjan is working as Designer Architect with Spacewood in Delhi at ₹9 lakh, while Vedant Tandon is serving as Project Architect with Shapoorji Pallonji in Pune at ₹7 lakh. Shreyash Sachdeva has progressed to the position of Senior Architect at Gauri Khan Design in Mumbai with a current package of ₹12 lakh. UIA’s placement outcomes are complemented by a strong emphasis on mandatory professional internship, with the 24-week internship providing students an opportunity to gain hands-on exposure to professional architectural practice, government organisations and multidisciplinary consultancies. A total of 99 students completed their internships in 2025 and 2026.
Among other notable student achievements, Khushi Garg, one of the students received Best Thesis Award at the Zonal NASA Competition for her thesis ‘Subhuti – Rehabilitation Center for Women in the serene realm of Vrindavan’, emerging as the winner amidst entries from more than 40 architecture institutions.
Another notable student project, Deepti Goel’s ‘Azure Ramganga Promenade’, was presented to the Mayor of Bareilly where it received wide appreciation and was subsequently referred to the Tourism Department for consideration. The project was also featured in the Ethos Empowers Thesis Feature 2026.
Biswajit Das, recipient of the Indian Institute of Architects (IIA) Medal 2025 for Best Outgoing Student, has established himself as the Co-founder of ARKASA – Space Architecture Design Research Labs and serves as an ISRO Space Tutor.
Beyond conventional architectural sector, Chandigarh University students have also entered government service with Jaspreet Singh, Anurag Kumar and Mohit Kapoor joining the Indian Army, with Mohit Kapoor serving as a Lieutenant and Jaspreet Singh serving as a Captain.
The entrepreneurial achievements of students of Architecture department of Chandigarh University further strengthen the institute’s emphasis on independent professional practice and innovation. The graduates from UIA department including Kalava, Biswajit, Arkajit, Anurag and Rahul Garg have established or are associated with professional ventures such as Terra Space Studio, ARKASA (Space Architecture), The Form & Void Studio, The Vastushilpa and Dwarabyra.
The institute continues to strengthen academic and professional engagement through collaborations with leading organisations and professional bodies including the Indian Green Building Council (IGBC), ASHRAE, Indian Institute of Architects (IIA), Punjab Energy Development Agency (PEDA), Arkance, NPC India and Architectural Preservation Studio, New York. These collaborations provide students and faculty opportunities for professional development, research, industry interaction, exposure to emerging practices and international academic engagement.
The combination of sustained placement performance, structured professional internships, industry-led recruitment, design achievements, entrepreneurial initiatives and professional collaborations has strengthened the University Institute of Architecture’s focus on preparing graduates for the evolving demands of the architecture and built-environment sector. With graduates progressing across architecture firms, infrastructure companies, corporate organizations, government services and independent design practices, UIA continues to expand the career opportunities available to its students.
About Chandigarh University
Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.
Website address: https://www.cuchd.in/
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12, Aug 2026
Pocket FM Strengthens Global Brand Presence Through Partnership with Alpine APL Pipers for Global Chess League 2026
Aug 12: Pocket FM, the world’s largest audio series platform, has partnered with Alpine APL Pipers as Global Co-Sponsor for the team’s campaign in the Global Chess League 2026, scheduled to be held from 3–13 September 2026. The partnership marks another milestone in Pocket FM’s international brand journey as it continues to strengthen its global brand presence through strategic partnerships with globally recognised sporting franchises.

Led by reigning World No. 1 Magnus Carlsen, Alpine APL Pipers is one of the Global Chess League’s marquee franchises, bringing together an exceptional international line-up featuring Anish Giri, Vidit Gujrathi, Koneru Humpy, Divya Deshmukh and Volodar Murzin. Through this collaboration, Pocket FM aligns with a franchise that represents excellence, strategy and world-class sporting ambition.
As part of the partnership, Pocket FM will have a strong presence across the team’s key touchpoints through integrated branding, digital visibility, broadcast integrations, on-ground fan engagement initiatives, exclusive player interactions, and a range of brand-led experiences throughout the tournament.
Rohan Nayak, CEO & Co-Founder of Pocket Entertainment, said, “At Pocket FM, we believe the world’s greatest stories and the game of chess share something fundamental – imagination, strategy and the pursuit of excellence. Our partnership with Alpine APL Pipers reflects our commitment to supporting communities that inspire millions while connecting with audiences through culture, passion, and ideas that transcend borders.”
Mahesh Bhupathi, Chief Executive Officer of SG Sports-Media-Entertainment, said, “We are delighted to welcome Pocket FM as our Global Co-Sponsor for the Global Chess League 2026. Pocket FM has built a strong global community and a distinctive storytelling platform that resonates with audiences across markets, making them a natural partner for Alpine APL Pipers.”
Beyond the competition, the partnership will create opportunities for fan engagement throughout the tournament, allowing audiences to connect with some of the world’s leading chess players while following Alpine APL Pipers’ journey in the Global Chess League.
Magnus Carlsen, World No. 1 and Icon Player for Alpine APL Pipers, said, “The Global Chess League has created a unique platform that brings together some of the world’s best players while making team chess more exciting for fans around the world. It’s great to welcome Pocket FM to the Alpine APL Pipers family, and I’m looking forward to an exciting season together.”
For Pocket FM, the partnership is part of a broader strategy to build deeper global consumer engagement through culturally relevant platforms that bring together world-class talent and passionate communities.
Vineet Singh, Global Head of Brand Marketing, Communications, Partnerships & Public Affairs at Pocket FM, said, “As Pocket FM expands globally, we are focused on partnerships that strengthen our international brand. Chess is a game of strategy, imagination, and anticipation, the same qualities that define great storytelling.”
12, Aug 2026
Mana Unveils The Right Life’s Forest Province with ₹3,101 Crore GDV, Strengthening Its Nature-Led Luxury Portfolio in Bengaluru
~A thoughtfully designed 10-acre residential province centred around a 1+acre urban forest, blending community living, green spaces, and contemporary high-rise design~
BENGALURU, India, Aug. 12, 2026 /PRNewswire/ — As homebuyers increasingly seek residences that go beyond conventional apartment living, there is a growing preference for integrated townships that offer a balanced lifestyle combining nature, community, safety, and long-term value. In Bengaluru, this shift is driving demand for developments that seamlessly integrate green spaces, social infrastructure, and modern conveniences within a single, cohesive ecosystem.
Aligned with this evolving aspiration, Mana Skanda has launched Forest Province, a premium 10-acre residential enclave within The Right Life, a large master-planned township. With an estimated Gross Development Value (GDV) of ₹3,101 crore, the project will comprise approximately 1,052 Units with a total saleable area of around 2,434,025 sq. ft. Envisioned as a private and serene province within a vibrant urban ecosystem, Forest Province brings together nature-led planning, high-rise living and community-focused design.
An Integrated Address Within a Larger Ecosystem
Strategically positioned within a 100+ acre integrated development, Forest Province offers residents the advantage of living within a well-connected and self-sustained environment. Located close to the township’s grand entrance and upcoming office developments, the enclave ensures enhanced live-work convenience while maintaining a sense of exclusivity and privacy.
East Bengaluru’s Next Phase of Residential Evolution
Once driven primarily by IT-led growth, East Bengaluru has transformed into a well-rounded residential corridor supported by strong social infrastructure, educational institutions, healthcare facilities, and retail destinations. This evolution continues to attract homebuyers seeking integrated communities that offer both connectivity and a high quality of life.
Commenting on the launch, D. Kishore Reddy, CMD, Mana Projects, said: “Forest Province is envisioned as a space where residents can reconnect with nature without stepping away from the city. With the central forest, pedestrian-first design, and thoughtfully planned community spaces, the development reflects our belief that modern luxury lies in creating environments that are calm, connected, and designed for long-term well-being.”
A Forest-Led Living Experience
At the heart of Forest Province lies a 1+ acre ground-level forest—an expansive green zone equivalent to nearly 15 tennis courts—designed as a living ecological core. With over 1,000 trees, shrubs, and plants, the forest is curated to reflect natural biodiversity, creating a dense, evolving habitat that enhances air quality, visual appeal, and overall well-being. Inspired by the Miyawaki forest approach, the dense green cover also helps create a cooler, quieter microclimate while bringing nature closer to everyday living. This nature-first approach extends across the development through landscaped zones and open spaces, creating a seamless connection between residents and their surroundings.
High-Rise Living, Reimagined for Space and Light
Forest Province features eight residential towers rising up to 33 floors, with just four residences per floor, ensuring privacy and exclusivity. The homes comprise large-format 3, 3.5 & 4BHK configurations ranging from approximately 1,700 to 2,800 sq. ft., designed to maximise space, natural light, and ventilation. Contemporary layouts, larger windows, and refined interiors offer a living experience that balances comfort with functionality.
A key highlight of the development is its vehicle-free podium design, which prioritises safety, walkability, and cleaner living environments. Vehicular movement is directed to basement levels through dedicated ramps, allowing the podium to remain free of traffic, creating quieter and more community-friendly spaces. Carefully planned circulation ensures smooth movement for both pedestrians and vehicles.
A Multi-Layered Club and Lifestyle Offering
Spanning over 46,000 sq. ft., the development offers three distinct clubhouses designed to cater to diverse lifestyle needs:
- Club One: A ground-level clubhouse integrating indoor recreation, swimming pool access, and direct connection to the central forest
- Sky Club: An elevated lifestyle space offering panoramic views, thoughtfully divided into:
- Sun Club: Fitness, co-working, and wellness spaces including gym, yoga areas, and library
- Moon Club: Social and leisure experiences including spa, party zones, performance spaces, and lounges
Together, these spaces create a comprehensive ecosystem for fitness, recreation, work, and social interaction.
A Community-Centric, Future-Ready Living Experience
Forest Province is designed to foster an active and socially engaging lifestyle, with outdoor amenities such as sports courts, fitness zones, children’s play areas, and landscaped spaces that extend living beyond individual homes. As a private enclave within a larger township, it offers a balance of exclusivity and connectivity, bringing together nature, design, and everyday convenience in a calm, well-connected urban setting. Thoughtfully planned spaces encourage everyday interactions while also offering areas for relaxation and quiet reflection, creating a holistic living experience.
About Mana Projects:
Founded in 2000 by Mr. D. Kishore Reddy, Mana Projects has been crafting thoughtfully designed living experiences across Bengaluru for over 26 years. Guided by the philosophy of “The Art of Living Brilliantly,” Mana Projects believes a home is where architecture meets intuition, balancing proportion, natural light and timeless design. With a strong presence across key growth corridors, the brand focuses on creating future-ready communities that elevate everyday living through thoughtful planning, quality construction and enduring elegance.
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