4, Jun 2025
Myntra Cares Launches ‘Cupboard of Care’ and ‘Project Restyle’ in partnership with BBMP and Saahas Zero Waste

Bengaluru, June 04, 2025: Myntra, one of India’s leading fashion and lifestyle platforms, has launched two key initiatives, ‘Myntra Cupboard of Care’ and ‘Project Restyle,’ in collaboration with Bruhat Bengaluru Mahanagara Palike (BBMP) and Saahas Zero Waste, as a part of its CSR initiatives under Myntra Cares. Designed to promote a circular economy in the fashion and textile industry, and extend the life cycle of clothes through reuse, recycle, and upcycle; these programs have been launched in Bengaluru.

The Myntra Cupboard of Care is a set of thoughtfully designed all weatherproof donation-and-pick-up kiosks installed outside selected major tech parks in Bengaluru. Implemented in partnership with BBMP and Saahas Zero Waste, the initiative enables anyone to drop off their pre-loved clothes and anyone in need to pick them up. Unclaimed items will be sent to Saahas’ textile recovery centre for upcycling into new products.

myntra

Complementing the public-facing kiosks is Project Restyle, which aims to engage gated residential communities across Bengaluru. Branded collection bins will be placed in 20 apartment complexes, encouraging residents to donate clothes. The collected garments will be segregated into different grades by Saahas Zero Waste and accordingly sent to the textile recovery centre for reuse, recycle, or upcycle. This process will also create jobs and livelihood for underserved communities.

Adding to this, Ramesh K N., IAS, Commissioner, Mahadevapura Zone, BBMP, said, “Myntra’s CSR initiatives present a pragmatic model that addresses both environmental concerns and social equity. We commend Myntra’s approach in making this a collaborative effort that utilizes public spaces for the public good while aligning with BBMP’s sustainability priorities.”

Speaking on the occasion, Govindraj MK, CHRO Myntra, said, “With initiatives like the Cupboard of Care and Project Restyle, we’re taking small but meaningful steps toward promoting circular economy in the fashion and textile industry. By enabling reuse, recycling and upcycling of garments, and working closely with communities and partners like BBMP and Saahas Zero Waste, we aim to keep more clothes in use for longer while also supporting the creation of new livelihood opportunities.”

The first Myntra Cupboard of Care kiosk is inaugurated outside Myntra’s HQ in Kadubeesanahalli by Govindraj MK, CHRO Myntra, Shobha Raghavan, CEO, Saahas Zero Waste, Ramesh K N., IAS, Commissioner, Mahadevapura Zone, BBMP with four additional installations planned for July across key tech park locations in Bengaluru. In parallel, Myntra Project Restyle has also kicked off in apartments across Bengaluru. As a gesture of appreciation, select contributing residents will receive sustainable goodies from Myntra each month.

Commenting on the partnership, Shobha Raghavan, CEO Saahas Zero Waste, said, “Circularity in textiles requires more than just intent, it needs infrastructure, awareness, and inclusive value chains. Through our partnership with Myntra, we are driving measurable impact by generating livelihoods, promoting circular fashion and responsible consumption. By embedding transparency and traceability into these programs, we are working toward a replicable model that other cities can adopt.”

4, Jun 2025
Home Loan Volume and Value See Double-Digit Growth; High-Ticket Loans Reach 21% Share: Urban Money

Mumbai, Maharashtra, June 4, 2025 – Residential property registrations across key Indian cities have continued to rise steadily in recent years. Data from Urban Money (FinTech venture by Square Yards), shows that the total number of registered residential transactions in key cities*, as recorded by the Inspector General of Registration (IGR), increased from 3.07 lakh units in FY 2019 to 5.44 lakh units in FY 2025—a 77% growth over the six-year period.

This upward trend is also reflected in the housing finance sector, which plays a critical role in supporting residential real estate. According to Urban Money’s latest report, ‘Housing Finance – The Quiet Catalyst Driving India’s Property Market’, both the volume and value of home loans in major cities have increased by 10% and 15%, respectively. The report covers cities including Bengaluru, Gurugram, Noida & Greater Noida, Hyderabad, Mumbai, Thane, Navi Mumbai, and Pune.

Amit Prakash Singh, CBO Urban Money & Co-Founder, Square Yards, “At Urban Money, we started with a simple goal—make housing finance in India easier, faster, and more accessible. The market was largely fragmented, with long paperwork and delayed sanctions. So, we built a digital-first platform, forged strong partnerships with lenders, and scaled a robust on-ground network of 500+ offices and 50,000+ agents—enabling us to become India’s largest organised distributor of secured mortgages. What’s even more encouraging is how the broader market is evolving. As highlighted in our latest report, home loan volumes in top cities grew by 10% YoY, and the total value disbursed rose 15% YoY in FY25. Home loans above Rs. 1 crore now make up 21% of disbursals, reflecting rising demand for premium housing. And with 1 in every 5 home loans going to a woman borrower, we’re clearly witnessing a shift towards more empowered and inclusive homeownership. All these shifts highlight rising urban aspirations, stable credit conditions, and evolving homeownership trends across the country.”

Urban Money’s latest trends and insights for FY 2025 highlight key shifts in home loan segment across India’s major residential real estate markets:

· Property-linked loans, comprising home loans and loans against property, accounted for the largest share—63%—of total loan disbursals in FY 2025.

· During the same period, the number of home loans disbursed in the top cities grew by 10% year-on-year. This included a 10% increase among male borrowers and a 9% increase among female borrowers.

· In FY 2025, the total value of home loans disbursed in these cities rose by 15%, reflecting a shift towards premium homes as well as notable increase in property prices—up by approximately 55–60% on average since FY 2019. Year-on-year growth in disbursal value stood at 14% for men and a higher 23% for women.

· Home loans above the Rs. 1 crore ticket-size accounted for 21% of total disbursals in FY 2025. In comparison, home loans below Rs. 45 lakh accounted for 47% of disbursals, while those between Rs. 45 lakh and Rs. 1 crore made up 32%.

· One in five home loans disbursed during FY 2025 was to a woman borrower, reflecting rising participation of women in property ownership.

· The average home loan value in the top cities reached Rs. 74 lakh in FY 2025, marking a 5% year-on-year increase. For male borrowers, the average stood at Rs. 76 lakh (+3% YoY), while for women it was Rs. 70 lakh—growing at the fastest rate of 13% year-on-year.

· Mumbai and Gurugram recorded the highest average home loan values, at Rs. 99 lakh and Rs. 88 lakh respectively in FY 2025.

Note: Insights are based on disbursal data trends observed on www.urbanmoney.com and should be viewed as indicative, not definitive.

City-wise Home Loan Disbursement Trends by Urban Money
City Average Value of Home Loan Disbursed (Rs. Lakh) % Growth in Average Home Loan Value Disbursed (FY 2024 vs FY 2025)
Bengaluru 74 9%
Gurugram 88 7%
Noida & Greater Noida 71 4%
Hyderabad 69 4%
Mumbai 99 4%
Thane 68 14%
Navi Mumbai 76 12%
Pune 59 8%

Fintech and Urbanisation Driving Momentum in Housing Finance

The ongoing growth in residential real estate and housing finance is being driven by strong end-user demand, continued urbanisation, progressive government initiatives, and rapid advances in digital infrastructure. The rise of fintech platforms has played a key role by improving credit assessment processes, expanding access to credit, and enhancing the overall borrowing experience.

Urban Money, a FinTech venture by Square Yards, is at the forefront of this transformation. As one of the largest mortgage distribution networks in India, Urban Money operates as a leading digital lending marketplace and fintech platform. It aggregates loan offerings from banks and NBFCs, delivering a seamless, end-to-end experience—from product selection to documentation, tax and insurance guidance, and disbursal support.

Launched in 2015, Urban Money has grown to become the country’s largest organised distributor of secured mortgages. As of FY 2025, it has facilitated loan disbursals worth 61 K.Cr+, supported by a network of over 50,000 agents and partnerships with more than 150 banks and NBFCs.

3, Jun 2025
Gateway Forays Into McLeodganj, Himachal Pradesh

Chandigarh, June 3, 2025: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Gateway hotel in McLeodganj, Himachal Pradesh. This is a brownfield project.

GATEWAY FORAYS INTO MCLEODGANJ, HIMACHAL PRADESH

Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “This signing is in line with IHCL’s strategy of strengthening its presence in Himachal Pradesh across key leisure destinations like Shimla, Manali, Dharamshala, Naldhera, and Sirmaur among others. McLeodganj with its cultural richness is attracting both domestic and international tourists. We are delighted to partner with Mcleo Times Square for this project.”

The 65-key Gateway McLeodganj, Himachal Pradesh is strategically located just a short walk from the Dalai Lama Temple, the official residence of His Holiness the 14th Dalai Lama and Namgyal Monastery. Close to the heart of the town, it is also steps away from the bustling McLeodganj market. Perched on a cliff, it offers sweeping views of surrounding valleys and snow-capped peaks. The hotel will feature an all-day dining restaurant, a bar, meeting rooms, a fitness centre and spa.

Mr. Rahul Pathania, Mcleo Times Square, said, “We are excited to partner with IHCL to bring the Gateway brand to McLeodganj. This collaboration will offer guests an authentic yet contemporary hospitality experience in this vibrant destination.”

Nestled in the Kangra district of Himachal Pradesh, McLeodganj with its blend of monasteries, scenic landscapes, and vibrant local markets, attracts spiritual seekers, trekkers, and cultural enthusiasts alike.

With this addition, IHCL will have 13 hotels in Himachal Pradesh with 8 under development.

3, Jun 2025
Go Makeovers Expands Its Footprint with Bold Vision and Global Presence

Kolkata, 3rd June 2025: Go Makeovers India Pvt. Ltd., one of Eastern India’s fastest growing salon chains, turned heads in the beauty and wellness industry with its bold expansion strategy, innovative service model and rising global profile.

The brand, known for blending luxury aesthetics with high-end personal care, is on a mission to open 25 outlets across Kolkata by the end of 2026. With its distinctive dual-tier model, offering both Signature luxury experiences and Classic premium services; Go Makeovers has struck a chord with diverse clientele seeking sophistication, quality and personalised care.

Spearheading this impressive growth is Rudra Bayen, the dynamic Managing Director, whose entrepreneurial vision is redefining beauty retail in India. While simultaneously pursuing Chartered Accountancy and a B.Com Honours degree, Rudra has brought fresh leadership and creative energy to the company. Under his guidance, Go Makeovers is not just expanding; it’s transforming how salons deliver beauty.

Go Makeovers

Founded by a team of professionals from contrasting yet complementary fields – real estate and cosmetology; Go Makeovers is a fusion of spatial elegance and beauty expertise. Each outlet is designed to be more than a salon; it’s a destination where luxury, transformation and style come together seamlessly.

Recently, the brand’s growing credibility was spotlighted at the 8th Times Business Awards West Bengal 2025, where it was honoured as the ‘Trusted Salon Chain’, presented by Bollywood icon Juhi Chawla. The recognition affirms Go Makeovers’ reputation for excellence and client trust.

Taking its influence beyond Indian borders, Go Makeovers also made a stunning appearance at the London Mahotsav 2025, participating in a fashion show that marked its global debut. In a proud moment, founding member Bidyut Bayen was conferred the Bengal British Icon Awards 2025, joined by his son Rudra Bayen, symbolising the brand’s strong family leadership and international ambition.

Rudra Bayen, Managing Director, Go Makeovers, expressed, “Our vision has always been to create more than just a salon; we’re building experiences that empower confidence and self-expression. This journey is just getting started and we’re committed to taking Indian beauty expertise to a global stage.”

Bidyut Bayen, Founding Member, Go Makeovers, stated, “Go Makeovers was born from a passion for aesthetics and excellence. Seeing it evolve into a trusted brand and earn international recognition is not just a personal milestone; it’s a celebration of the entire team’s dedication and belief in our mission.”

3, Jun 2025
JioStar Adds More Star Power to its TATA IPL FINAL Presentation as Aamir Khan Joins the Team

Chandigarh, June 3, 2025: As the highly anticipated TATA IPL Final approaches, JioStar announced Bollywood superstar Aamir Khan will join its presentation on June 3. Aamir Khan, who is a known avid cricket lover, will appear on Star Sports and JioHotstar along with Genelia D’Souza and the cast of his upcoming film, Sitaare Zameen Par, during the pre-shows of the Final of TATA IPL 2025. In addition, the renowned actor is also all set to swap his role in front of a film camera for a commentary mic as he will also step into the commentary box to call the summit clash on June 3.

Fans can expect their favourite movie star to not only make his match predictions, analyze the game, and commentate alongside JioStar’s world-class panel of former TATA IPL champions and legends, but also get involved with some cricket action himself and entertain viewers.

jio star

Speaking ahead of joining JioStar’s TATA IPL Play-offs presentation, Aamir Khan said, “Nothing matches the energy and stakes of the TATA IPL Final and I’m quite excited to be at JioStar’s studio for this crucial game. Personally, I think this match is going to be a cracker, and I’m looking forward to commentating.”

Fans can catch the coverage of the TATA IPL Final on June 3 and watch Aamir Khan in action on air, only on Star Sports Network and JioHotstar.

3, Jun 2025
IIM Bangalore hosts roundtable on Purple Economy

3 June, 2025, Bengaluru: Indian Institute of Management Bangalore (IIMB) hosted a Purple Economy dialogue themed ‘Unlocking $18 Trillion in Global Opportunity’, where leaders from diverse industries gathered to explore the intersection of disability accessibility and the transformative potential of disability-related products and services for the broader economy, this afternoon. Specifically, the discussion highlighted how products and services that centre accessibility can reshape markets, enhance innovation pipelines, and deliver sustainable value across the value chain spectrum.

iimb

IIM Bangalore, an institution committed to inclusive excellence, ensured that the event itself was fully accessible, with sign language interpreters and real-time text display. In his message, Prof. Rishikesha T. Krishnan, Director, IIM Bangalore, said IIMB was excited about the concept of the purple economy and added that the Institute, which is committed to inclusion, would love to be part of this growing economy.

In her welcome address, Dr. Mukta Kulkarni, Dean of Academic Programmes and Professor in the OBHRM area at IIMB, acknowledged Dr. Meenu Bhambhani, who was instrumental in setting up IIMB’s Inclusion Chair, EnAble India and Ms. Shanti Raghavan for the collaboration. Prof. Mukta Kulkarni, whose scholarship has shaped global conversations on accessibility and workplace inclusion, said: “Accessibility isn’t just a disability issue – it is a social and economic opportunity. For example, investing in accessible public transportation and walkways doesn’t only serve persons with disabilities; it also supports parents with strollers, ageing populations, and workers with temporary injuries. Inclusive design or accessibility increases civic engagement, broadens the customer base for local businesses, reduces long-term public costs, and strengthens the overall economy.”

Ms Shanti Raghavan, Founder, EnAble India, explained the origins of the purple economy. “Over the past 25 years, EnAble India has recognized and demonstrated the intrinsic value of every individual. Today, 81% of the population we serve are economically independent and contribute significantly to household incomes. We now want to shift the narrative for the active taxpayers, innovators, entrepreneurs, and nation builders we work with, and we want to scale with a sense of urgency. There has been a fantastic rights movement that has taken us along , but we realise that we have to move from rights-based to value-based,” she said.

According to Ms Shanti Raghavan, when society, markets, and governments align, more can be achieved. “We are now focused on addressing the economic angle, where there is a 5-10 per cent GDP loss when value is not seen in people with disability. The general population needs to see the double multiplier effect – Products and services designed for persons with disabilities often benefit and create opportunity for all. This is the new economy. There are 1 billion people with disabilities across the world.” Sharing the example of the eyewear industry, she pointed out that without proper eyewear and corrective lenses, most people would be considered persons with disability. “Today, spectacles are normalized, and eyewear is a $170 billion industry.” Ms. Raghavan also shared EnAble India’s recent collaboration with Namma Yatri, Bengaluru’s ride-hailing platform, to make the platform “purple-aware.” Through this partnership, drivers are trained to engage effectively with customers with disabilities, supported by short instructional videos that become available the moment a purple ride is booked.

Dr. Vasanthi Srinivasan, Chairperson, IIMBx and Professor in the OBHRM area at IIMB, spoke about the potential of the purple economy.

Dipesh Sutariya, a Co-Founder and CEO of EnAble India Encouraged individuals and organizations to take the purple-aware pledge and become ambassadors of inclusion by actively spreading awareness. “Bangalore International Airport Limited (BIAL) was the first to sign up and set up a free-of-cost sensory room in Terminal 2 along with accessibility enhanced areas; NDTV is making the purple-aware pledge viral, Lowe Lintas made a 30-second video on the untapped potential of the purple economy for NDTV; Rameswaram Café at BIAL’s Terminal 1, opposite Gate 34, is accessible to persons in wheelchairs – a total of 18 organisations signed up in a week of us launching the purple economy movement. We can create momentum by celebrating such efforts.” He also outlines future directions with the creation of purple capital through impact funds, and purple insurance to address long standing gaps in insurance coverage for persons with disabilities.

Moses Chowdari Gorrepati, COO of EnAble India, shared anecdotes from his personal life to show why a purple economy matters. For instance, he spoke of how a family friend in his village in Andhra Pradesh, a tailor by profession, actually shut his shop and lost business for many days in order to accompany Moses and his mother to an eye hospital in New Delhi. “There is a need to ensure that opportunities are created, not lost, when enabling persons with disability. There is a clear need for purple services, and we, as persons with disability, are valuable customers.”

Dr. Meenu Bhambhani, now Head of CSR in a financial services company, spoke of the “12 significant years” she spent with Mphasis as Head of CSR, talked of her association with IIMB in the area of inclusion. She described IIMB as “a model institution when it comes to accessibility”. Speaking of her work with Uber Access and Uber Assist, Dr. Meenu Bhambhani described the challenges and opportunities that ‘samaj-sarkar-bazaar’ threw up. “We saw how ride-hiring apps would become the order of the day, and we got 50 accessible vehicles at certain price points and at certain locations to make the partnership with Uber happen. It took us two-and-a-half years to get permission from the Regional Transport Office. We provided proof of concept to Samaj-Sarkar and Bazaar. Unfortunately, COVID-19 happened, and today we don’t know where those 50 vehicles are! The biggest learning for us is that unless these vehicles come from the manufacturers themselves, the initiative will not gain the momentum it deserves.”

3, Jun 2025
MBCC 2025 at IIT Mandi: A Landmark gathering of visionaries to scientifically explore and apply Indian knowledge systems for societal transformation

Mandi, June 2025 —Mind Brain Consciousness Conference 2025 (MBCC 2025) will be held at IIT Mandi from June 4 to 7. At the heart of this annual gathering lies the Indian Knowledge System (IKS)—a profound, holistic framework that integrates ancient wisdom with contemporary inquiry. This conference brings together researchers from diverse fields such as neuroscience, cognitive science, psychology, Indian philosophy, and Vedantic theology, to engage in meaningful deliberation on the nature of mind, brain, and consciousness from multiple perspectives. These deliberations are not only important for mental well-being, they will impact all fields of study including environment, agriculture, healthcare, innovation and creative leadership.

Sri Sri Ravi Shankar will grace the conference as a visionary speaker. The event will feature keynote addresses by Prof. Shrinivasa Varakhedi (Vice Chancellor of the Central Sanskrit University), Professor Gautam Desiraju (IISc), one of the highest cited Indian scientists, Prof. Roumiana Tsenkova, Kobe University, Japan, Dr. B N Gangadhar, Chairman, National Medical Commission and Former Director, NIMHANS and Bhakti Rasamrita Swami, a Bhakti-vedantist.

IIT Mandi Campus

The conference is being curated by the center of Indian Knowledge Systems for Mental Health Application (IKSMHA) at IIT Mandi.

Panel discussions featuring leaders and experts in diverse fields from around the world will address “Indian Knowledge Systems shaping the science of cognitive matter” and “Nurturing civilizational consciousness for national transformation”.

Special sessions feature Prof. Chayan Nandi on consciousness biomarkers, Dr. Amit Sethi on brain dynamics and cognition, and Prof. Ajay Chaturvedi, offering a systems perspective on economy and civilizational transitions.

What sets MBCC apart is its outcome-oriented design — bringing together investors, judges, students, and innovators in a space where ideas are meant to translate into action. Highlights include student business plans on the Kullhad Economy, a fresh production-driven model rooted in Indic values.

IIT Mandi Director Prof Laxmidhar Behera notes, “MBCC 2025 reflects our commitment to shaping ideas that matter — where tradition informs innovation and transformation.” MBCC 2025 promises to be a crucible of purpose-driven collaboration — inviting scholars, practitioners, and seekers into a space of lasting impact.

The conference is being chaired by Prof. Laxmidhar Behera (IIT Mandi), Dr. Anirban Chakraborty (National Institute of Materials Science, Japan), and Prof. Ganpati Ramanath (Rensselaer Polytechnic Institute, USA, and Uppsala University, Sweden).

3, Jun 2025
Rooted in History, Minted for Generations – RSBL unveils 25gms Gold Coin

National, 3rd June 2025 – RiddiSiddhi Bullions Ltd. (RSBL) proudly unveils its latest offering – the RSBL 25 grams Gold Coin, a tribute to India’s rich numismatic and cultural heritage.

This exclusive coin is inspired by historic Indian coinage and draws particular design influence from the iconic 1980 25 paise coin commemorating Rural Women’s Advancement. In honoring the legacy of the RSBL brand, this design pays homage to the timeless spirit of progress, resilience, and cultural pride—now immortalized in 99.9% pure 24K gold.

rsbl

The RSBL 25gms Gold Coin stands out as a meaningful addition to any collection, offering a unique blend of heritage and value. It features intricate motifs inspired by iconic Indian coinage, celebrating cultural authenticity in every detail. Crafted with uncompromised purity, the coin is minted in 25 grams of 24K (999) gold, making it a trusted choice for both investors and collectors. More than just bullion, it represents a legacy-driven investment, seamlessly merging tradition, craftsmanship, and intrinsic value. Whether you’re expanding your bullion portfolio, commemorating a milestone, or seeking a timeless heirloom, this coin embodies the spirit of legacy and pride.

“At RSBL, we’ve always strived to blend the value of gold with the spirit of Indian heritage. The RSBL 25gms Gold Coin is not just an investment—it’s a reflection of our rich numismatic history, brought to life with unmatched purity and craftsmanship. We believe this coin will resonate deeply with those who seek both emotional and economic value in their gold holdings.” Said Prithviraj Kothari, Managing Director, RiddiSiddhi Bullions Limited.

While RSBL continues to offer an extensive range of coins and bars in 999 and 995 purity, the launch of the 25gms Gold Coin marks a premium addition to its evolving bullion portfolio. Available across all RSBL outlets, this coin invites collectors and investors alike to reserve their piece of history today.

3, Jun 2025
Ms Doli Biswas from Fortis Hospital Anandapur Conferred with National Florence Nightingale Award 2025 by Hon’ble President of India

National, June 3rd , 2025: Ms Doli Biswas, Chief Nursing Officer, Fortis Hospital, Anandapur has been conferred with the National Florence Nightingale Award 2025, instituted by the Ministry of Health and Family Welfare, Government of India. This prestigious recognition is presented to nursing professionals across the country for their outstanding dedication, service, and contributions to healthcare.

 Ms Biswas received the award from the Hon’ble President of India- Smt. Droupadi Murmu at a formal ceremony held at Rashtrapati Bhawan, New Delhi, recognising her decades-long commitment to compassionate patient care, and nursing excellence. At Fortis Hospital Anandapur, she has played a pivotal role in enhancing quality standards, mentoring nursing teams, and fostering a culture of empathy and accountability in healthcare delivery.

Ms Doli Biswas, Chief Nursing Officer, Fortis Hospital Anandapur, receiving National Florence Nightingale Award from Smt. Droupadi Murmu, President of India

 Speaking on the honour, Ms Doli Biswas, Chief Nursing Officer, Fortis Anandapur, Kolkata said, “Nursing is a noble service. Being recognised with the National Florence Nightingale Award 2025 is a great honour. It energizes me to continue serving with empathy, integrity, and dedication. I am grateful to Fortis Hospital for supporting my journey, and to the Ministry for this national honour.”

This moment stands as a proud milestone not just for Ms Biswas, but for the entire Fortis family. Her recognition serves as a reflection of the hospital’s deep-rooted values in clinical excellence and its commitment to nurturing healthcare professionals who go above and beyond in service to the community.

Fortis Healthcare congratulates Ms Doli Biswas on this exceptional achievement and remains committed to empowering and celebrating the nursing community-at the heart of patient care.

3, Jun 2025
BSE under the aegis of SEBI launches ‘BSE Nivesh Mitra’ – A Free Learning App for Aspiring Investors

National, June 03, 2025: BSE Ltd., Asia’s oldest stock exchange, today announced the launch of ‘BSE Nivesh Mitra’, a free investment learning app developed under the aegis of Securities and Exchange Board of India (SEBI). Developed by BSE, the app operates independently ensuring that learning remains objective, unbiased, and purely educational, free from promotional or investment advisory motives. Designed as a simulation-based learning platform, the app offers a safe and informative environment for new and aspiring investors to better understand how to navigate equity and mutual fund markets, using virtual currency for investment. It is available to the public and does not require a trading account or prior investment experience.

The launch event was held at the BSE premises in the presence of Shri Shashi Kumar Valsakumar, Executive Director, SEBI, along with BSE MD & CEO Shri Sundararaman Ramamurthy and other officials from SEBI and BSE.

Built with a clear focus on investor awareness and education, BSE Nivesh Mitra allows users to simulate market participation in equity and mutual funds using actual historical data, as per SEBI guidelines.

Other key features of BSE Nivesh Mitra include:

Step-by-step guidance on how to enter the securities market, including videos on e-KYC, demat, and trading account opening

A personalised risk profiler with indicative asset allocation

A user-friendly dashboard to place simulated orders, monitor holdings, and add or reset virtual funds

A growing library of educational videos explaining mutual funds, asset classes, and market mechanisms

“Investor education is a key mandate for SEBI and this app forms part of a broader mission to build a financially informed population and promote responsible investing. With BSE Nivesh Mitra, we now have a practical tool that is free and accessible to all that introduces new investors to the realities of market participation without the attached risk.” said Shri Shashi Kumar Valsakumar, Executive Director, SEBI.

Shri Sundararaman Ramamurthy, MD & CEO, BSE, said: “Investor awareness and education are prime areas of focus for BSE, and BSE Nivesh Mitra is setting a benchmark on how exchanges can play a proactive role in investor education. By equipping individuals with the knowledge and confidence to navigate financial markets, the app is a contribution from the exchange in creation of a more inclusive and robust investment ecosystem”.