30, Jan 2024
Moduco and Puerto Verde Holdings Forge Strategic Alliance for Sustainable Construction in Texas
Surat, Gujarat- January 30, 2024: Moduco and Puerto Verde Holdings are together pleased to announce the signing of the landmark Memorandum of Understanding (MOU) to drive Texas’ construction unit manufacturing. The deal was formalized during a ceremonial delegation visit headed by Governor Greg Abbott, marking a significant turning point for environmentally friendly building methods in the area.
Among the notable attendees at the event were Arun Agarwal, the vice chair of Texas economic development, Jane Nelson, the state secretary of Texas, and Ruben Garibay from Puerto Verde Holdings.
With invitations from important economic development organizations across the United States, this partnership represents an enormous potential for Moduco in 2024 and highlights the importance of its creative construction methodology.
The company is well-known for producing environmentally friendly residences, workplaces, and structures, and is poised to have a significant influence on Texas’ building market. The business’s use of environmentally friendly materials demonstrates its dedication to ethical building methods.
“In the evolving landscape, the world is swiftly transitioning, with manufacturing embracing 80% technology and 20% manual machinery. Strikingly, the construction industry stands in reverse. Even in this golden age of technology, construction persists in manual processes. Post-COVID, it is high time we embrace the change. Whether today or tomorrow, change is inevitable. The wise embrace it early, securing the benefits of transformation,” says Naitik Lakhani, Founder & CEO at Moduco. “Our commitment to environmentally friendly materials aligns perfectly with Puerto Verde Holdings’ vision for a greener future.”
“Moduco is transforming global home construction, delivering better, faster, and safer processes. As the Master Distributor for Texas and Partner in the upcoming Mexico Factory, I, recognize Moduco’s impact: a revolutionary solution for everyone. Proud to be part of Moduco’s success, its streamlined processes ensure superior quality at an affordable price—changing the game in America and beyond,” said Ricardo Montoya, Master Associate Partner of Moduco Texas.
In the words of Ruben Garibay, Chairman, Puerto Verde Holdings, USA, “We are pleased to be collaborating with MODUCO on this fantastic project that serves our mutual goal of providing affordable housing at a level of quality that homeowners deserve. The chosen region will consume thousands of a wide variety of homes and products MODUCO will produce with local labor.”
Governor Greg Abbott, the first lady, and all those present are thanked by Moduco for their support as they embark on this incredible journey. Moduco is unwavering in its resolve to transform the building industry by utilizing ecologically conscious and sustainable methods.
- 0
- By Rabindra
30, Jan 2024
T-Hub Hosts Anthill Ventures’ Pioneering Family Office Alliance
Hyderabad, 30 January 2024 – T-Hub, India’s leading startup incubator, today witnessed the launch event of India’s first-ever Family Office Alliance by Anthill Ventures. The event aimed to elevate Telangana and India’s startup landscape, providing unparalleled opportunities for entrepreneurs to scale rapidly with global support.
The event took place at T-Hub and brought together distinguished European and Indian Family Offices to cultivate cultural connections, facilitate networking relationships, and explore investment opportunities between the vibrant ecosystems of India and Europe. Dignitaries in attendance included Honourable IT Minister of State Sri D. Sridhar Babu and Principal Secretary, Department of Information Technology, Electronics & Communications (ITE&C) and Department of Industries & Commerce, Jayesh Ranjan as Chief Guests. Notable figures such as Indian actor, Producer, and Techpreneur Rana Daggubati, Cyient & Chairman at IIT Hyderabad BVR Mohan Reddy, Founder of iLabs, Srinivasa Raju Chintalapati, NAR Infra’s Executive Director, Parvathi Reddy, and the CEO of T-Hub Mahankali Srinivas Rao graced the occasion.
Honourable Chief Guest Sri D. Sridhar Babu led a welcoming panel on Telangana, emphasising the state’s vast entrepreneurial potential for global investors & entrepreneurs. The panel, featuring luminaries such as Parvathi Reddy, Srinivas Rao Mahankali, and Honourable Principal Secretary ITE & Commerce Jayesh Ranjan, provided insights into the region’s burgeoning startup ecosystem. Honourable IT Minister of State Sri D. Sridhar Babu remarked, “Telangana stands as a beacon for global investors and entrepreneurs, offering vast opportunities in our dynamic and thriving startup ecosystem. This was followed by an addressal by the Founder of the Family Office Alliance Philip von Wulffen & Anthill Venture’s CEO & Founder Prasad Vanga on the manifestation & evolution of the Family Office Alliance.
Mahankali Srinivas Rao, CEO of T-Hub, said, ” The event solidifies our commitment to nurturing innovation and fostering global collaborations. The Family Office Alliance is a testament to our vision of creating a conducive environment for businesses to flourish, and we are excited about the transformative impact it will have on the entrepreneurial landscape of India.”
T-Hub, through its robust innovation ecosystem, has been instrumental in nurturing over 3,000 startups, engaging with 150 mentors, collaborating with 350 corporate partners, and resulting in a remarkable $1.9 billion raised investments by its startups.
Prasad Vanga, CEO and Founder, Anthill Ventures, said, “The support that this incredible country and the state of Telangana offers to the visionaries of tomorrow — brave entrepreneurs manifesting ideas that contribute to smart and better living across a series of industries for generations to come from now to Gen Z, Gen X and beyond — deserves a platform like this. We are here to back this vision through these focussed alliances that will allow the industry to #scalewithspeed with the intent to bring the best of great companies and prescient entrepreneurs across Urban Lifestyle and Urban Tech. We couldn’t be more grateful for the support of the Family Office Alliance and T-Hub to make this unique event come to life.”
The event successfully served as a platform for collaboration, solidifying connections and paving the way for future engagements between European and Indian Family Offices. It also witnessed compelling Family Office Panel Discussion with industry leaders such as BVR Mohan Reddy, Srinivasa Raju Chintalapati, Kristin Bjelland (CEO, Bjella Investments), and Cristina Ventura (General Partner, White Star Capital). Delving into innovation, a panel discussion on the impact of Artificial Intelligence on Content Creation, Indian consumer trends, and tech markets included insights from notable figures like Rana Daggubati, Rauno Miljand (Skype Manager and Family Office Principal), Peder Wallenberg (Senior Partner, Cohesion Investments), and Akis Evangelidis (Co-Founder, Nothing). The event concluded with a keynote address by Aditya Ghosh, Co-founder & Board Member of Akasa Air, providing valuable perspectives on scaling up in the Indian market, followed by an exclusive tour of T-Works, India’s largest prototyping center. Notably, the esteemed guests at the event were invited by Anthill Ventures, showcasing the organization’s commitment to fostering global collaborations and providing a platform for impactful discussions.