Category: Business

  • VerSe Innovation Appoints Prasanna Prasad as Chief Product and Technology Officer to Accelerate AI-Led Product and Platform Innovation

    VerSe Innovation Appoints Prasanna Prasad as Chief Product and Technology Officer to Accelerate AI-Led Product and Platform Innovation

    Prasanna Prasad, Chief Product and Technology Officer, VerSe Innovation

    Bengaluru (Karnataka) [India], April 10: VerSe Innovation, India’s leading AI-powered local language technology platform and parent entity of Dailyhunt, Josh, NexVerse.ai, Magzter and Oneindia, today announced the appointment of Prasanna Prasad as Chief Product and Technology Officer (CPTO). In this role, Prasanna will lead the company’s engineering, product and data science functions, with a focus on advancing AI-led innovation across VerSe’s family of apps and platforms.

    Prasanna brings over two decades of experience across product engineering, data science and large-scale platform development. He has led global teams across the U.S., India and Europe, and has extensive expertise in building high-scale, real-time systems, cloud-native infrastructures, and AI-driven products. Most recently, he served as Chief Technology Officer & Head of Product and AI at Verve Group Inc., where he led a 200+ member global team and drove AI-led growth, delivering significant business impact through platform automations, advanced data science modeling and building privacy-first advertising systems.

    At VerSe Innovation, Prasanna will focus on strengthening the company’s AI capabilities across content creator ecosystems and digital advertising. His mandate is centred on building a coherent intelligence layer across VerSe’s platforms — advancing personalisation and content relevance at the user layer, strengthening creator ecosystems for high quality content production, and driving next-generation advertising technology and monetisation efficiency through agentic AI systems and automation.

    His appointment marks a pivotal moment as VerSe scales its AI-led product portfolio – building intelligent systems that deliver tangible results for brands and advertisers, while strengthening user & creator engagement.

    Umang Bedi, Co-Founder, VerSe Innovation, said: “AI is becoming central to how digital platforms are built, scaled and monetized. At VerSe, we see this as a structural shift that will define the next phase of growth across content, creators and advertising. Prasanna brings deep experience across engineering, data science and AI-led platform transformation, along with a strong track record of building high-scale, privacy- first systems. As we continue to sharpen our focus on AI across our products and ad tech stack, his leadership will be important in strengthening our technology foundations and driving more efficient, intelligent outcomes across the ecosystem.”

    Prasanna Prasad, Chief Product and Technology Officer, VerSe Innovation, said: “As platforms scale, the role of technology shifts from enablement to differentiation. The focus then moves to how consistently systems can translate intelligence into real outcomes, whether in user experience, content relevance or monetization efficiency. At VerSe, the emphasis will be on driving greater precision and coherence across systems so that performance becomes more predictable and scalable over time. I’m excited to join at this point and contribute to shaping the next phase of the company’s growth.”

    About VerSe Innovation Private Limited

    At the core of VerSe Innovation, is the idea that technology can help bridge the digital divide. Since its inception, VerSe has risen to the challenge of serving the unmet content needs of millions of consumers using technology. Its unique artificial intelligence, machine learning and deep learning technologies enables personalized content to be delivered to millions of users based on their consumption preferences.

    Today VerSe Innovation’s proprietary technology platform powers millions of users to consume content in their local language on Dailyhunt. Its technology also powers India’s #1 and most engaging creators app, Josh. In addition, VerSe has an integrated portfolio of AI-first products and platforms, including NexVerse.ai, Dailyhunt Premium, Josh’s Audio Calling & Audio Stories and VerSe Collab, which together are reshaping how consumers, content, and brands interact in India’s digital economy.

    VerSe Innovation, with its family of apps focused on Bharat, became the first unicorn in tech for local languages and counts CPP Investments, Ontario Teachers Pension Plan (OTPP), Qatar Investment Authority (QIA), Siguler Guff, Carlyle Group, Baillie Gifford, Goldman Sachs, Gladebrooks, Falcon Edge Capital, AlphaWave, Sequoia Capital India, Matrix Partners India, Google, Microsoft, Lupa Systems, Luxor Group, Sofina, B Capital Group, IIFL, Kotak, Catamaran, Bay Capital, Edelweiss and Omidyar Network, among others as existing investors.

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  • Steel Exchange India Reports Rs 28 Crore Debt Repayment Over Two Quarters

    Steel Exchange India Reports Rs 28 Crore Debt Repayment Over Two Quarters

    Visakhapatnam (Andhra Pradesh) [India], April 10: Steel Exchange India Limited (NSE: INE503B01021, BSE:  534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced a significant update on its debt reduction journey.

    The Company had availed credit facilities, including term loans and Non-Convertible Debentures (NCDs), in September 2025 to support its operational and growth initiatives. Reinforcing its commitment to financial discipline and balance sheet strengthening, Steel Exchange India Limited has successfully repaid approximately ₹28 Crores over the last two quarters.

    During the period October 2025 to March 2026, a scheduled Partial Redemption was carried out, with ₹21.43 crores repaid towards term loans and ₹7.09 crores towards NCDs.

    This consistent progress highlights the Company’s improving cash flow generation, prudent capital allocation, and focus on enhancing financial resilience. The ongoing deleveraging efforts are expected to support reduced finance costs and provide greater flexibility to pursue growth opportunities in a capital-efficient manner.

    Commenting on the update, the management of Steel Exchange India Limited said:
    “Our focused approach towards debt reduction reflects the strength of our operations and our commitment to building a robust and sustainable financial profile. We will continue to prioritize disciplined capital allocation while driving growth across our core business segments.”

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  • Threatsys Group Emerges as Global Cybersecurity Leader with Rapid Growth and AI Innovation Push

    Threatsys Group Emerges as Global Cybersecurity Leader with Rapid Growth and AI Innovation Push

    New Delhi [India], April 10: The Odisha-born cybersecurity company records ₹12 crore gain, surpasses 70% revenue margin, and expands to Dubai and Europe – all in a single year.

    Threatsys Group, a rapidly emerging global cybersecurity leader headquartered in Bhubaneswar, has announced a landmark year of growth, innovation, and international expansion. Closing FY 2025 with an impressive 80% revenue growth, a ₹12 crore gain, and a revenue margin exceeding 70%, the company is now setting an ambitious target of surpassing ₹30 crore in FY 2026, driven by artificial intelligence and next-generation cybersecurity services and solutions

    “Threatsys is no longer just growing — we are transforming how cybersecurity is delivered globally. With AI at the core of our strategy, we are building intelligent, predictive, and scalable security ecosystems with our 360-degree cyber security services. Our mission is to move organizations from reactive defense to proactive cyber resilience.”

    — Deepak Kumar Nath, MD & CEO, Threatsys Technologies

    From its origins in Odisha to becoming a multi-entity global cybersecurity ecosystem, Threatsys has successfully expanded its presence across India, Dubai, Europe, and Africa. As of April 2026, the group serves more than 2,600 clients across over 25 countries, reinforcing its position as a trusted cybersecurity partner for enterprises worldwide.

    The year also brought significant recognition and milestones for the organization. Threatsys was honored with the Atal Samman as the Best Cyber Security Company of India at Bharat Mandapam, New Delhi, received the Excellence in Cyber Security Award from Entrepreneur Magazine, and was recognized as Emerging Entrepreneur in Cyber Security by ET Now and Times Now. The company further strengthened its presence by inaugurating its new headquarters in Infocity, Bhubaneswar and was awarded the Industry Excellence Award at the Odisha Nirmana MSME Summit by Kanak News, reinforcing its leadership and impact in the cybersecurity domain.

    Clients Aren’t Just Satisfied — They’re Staying (and Referring)
    Revenue growth is impressive. Customer loyalty? That’s a different – and harder – game to win. Threatsys achieved both. Customer satisfaction climbed by 55% in FY 2025, a direct result of enhanced service delivery, more personalized security consulting, and tightened risk assessment frameworks along with domestic and international cybersecurity compliances. The outcome: higher client retention, growing referrals, and a shift from transactional relationships to long-term strategic partnerships. In cybersecurity, trust is the product – and Threatsys is earning it. 

    Africa. UAE. Europe. What’s Next?
    Threatsys didn’t just grow – it went global. The company successfully launched its new office and subsidiary in Dubai, gaining a commanding foothold in the Middle East’s rapidly growing cybersecurity market. Simultaneously, a strategic collaboration with Romania, France opened the doors to European enterprise engagements – a region where data protection mandates and cybersecurity compliance are reaching new levels of urgency. Two new continents. One financial year. That’s the Threatsys growth story.

    The AI Revolution Is Coming – And Threatsys Is Leading It
    FY 2026 will mark a defining moment for the company — and potentially for the Indian cybersecurity industry. Threatsys is gearing up to launch Threatsys AI, an AI-powered cybersecurity platform built around two flagship solutions:

    •  GRC 360 — An AI-enhanced governance, risk, and compliance platform that automates what once took teams weeks.

    •  CYQER — A next-generation cybersecurity intelligence engine that identifies and responds to threats in real time.

    Together, these solutions are designed to flip the script on conventional security – moving organizations from reactive damage control to proactive, always-on risk management. In a world where a single breach can cost millions and destroy reputations overnight, that shift is not optional. It’s existential.

    ₹50 Crore and Beyond: The Next Milestone
    Threatsys enters FY 2026 with ambition that matches its momentum. The company has set a clear, public target: surpassing ₹50 crore in revenue within 2-3 years – achieved through continued international expansion, the full rollout of AI-powered solutions, deeper enterprise partnerships, and sustained innovation in cybersecurity technologies. This is not a wish list. It’s a roadmap backed by a track record.

    The company’s strategic focus remains centered on AI-driven cybersecurity innovation, global expansion, and cybersecurity talent development. Through Threatsys Academy and Global Institute of Information Security, the group is actively working to bridge the global cybersecurity skills gap by training professionals, empowering students, and supporting initiatives such as women in cybersecurity and free training programs for schools.

    As Threatsys continues to scale new heights, it proudly represents the vision of “Made in India” innovation powering global cybersecurity resilience. Built in India and now expanding across continents, Threatsys stands as a testament to the country’s growing leadership in advanced technology and cyber defense. With a mission rooted in taking Indian cybersecurity excellence to the world, the company is driving a powerful narrative – from India to global – delivering world-class, AI-driven security solutions that protect organizations, economies, and digital ecosystems worldwide.

    About Threatsys Technologies
    Threatsys Technologies is a full-service cybersecurity firm headquartered in Bhubaneswar, India, with a growing presence in Dubai and Europe. The company offers end-to-end cybersecurity services and solutions – from penetration testing and security audits to AI-driven compliance services – helping organizations identify vulnerabilities, mitigate risks, and protect critical digital assets in an increasingly complex threat landscape.

    Media Contact

    Threatsys PR Team, Threatsys Group

    Email: support@threatsys.co.in

    Website: www.threatsys.co.in

     and www.threatsys.ai

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  • How Sudeep Singh, Former FCI Director, Envisions Sustainability-Driven Public Sector Reforms for India’s Development Goals

    How Sudeep Singh, Former FCI Director, Envisions Sustainability-Driven Public Sector Reforms for India’s Development Goals

    New Delhi [India], April 09: India’s development journey is increasingly being shaped by sustainability-focused public sector reforms. As climate risks, resource constraints, and rapid urbanization create new challenges, government institutions are rethinking how policies and operations can align with long-term environmental and economic goals. Across sectors such as food security, infrastructure, transportation, and energy, sustainability is no longer seen as an optional initiative but as a structural necessity for national growth. India currently ranks among the fastest-growing major economies, while also facing rising energy demand, urban expansion, and climate pressures, factors that make sustainable governance essential. In this evolving landscape, Sudeep Singh, Former FCI Director, highlights how sustainability-driven governance can strengthen India’s public systems while supporting inclusive development.

    “Sustainability must move from policy intent to operational reality,” says Sudeep Singh, Former Director of Food Corporation of India (FCI). “Public sector institutions should integrate renewable energy adoption, efficient logistics, and environmentally responsible infrastructure into everyday governance. When sustainability becomes embedded into planning, procurement, and delivery, it strengthens both economic resilience and long-term development outcomes.”

    His perspective reflects India’s growing commitment to sustainable development. India has pledged to reduce the emissions intensity of its GDP by 45% by 2030 (from 2005 levels) and achieve net-zero emissions by 2070, while also targeting 50% cumulative electric power capacity from non-fossil fuel sources by 2030. The country has already made significant progress, with over 180 GW of installed renewable energy capacity, including solar, wind, and hydro. Additionally, India has launched more than 30 sustainability-focused government schemes, covering clean energy, sustainable agriculture, green mobility, and climate-resilient infrastructure. These initiatives demonstrate how sustainability is becoming central to India’s public sector planning and execution.

    According to Sudeep Singh, renewable energy integration across public institutions is one of the most impactful steps toward sustainable governance. Government-run facilities, logistics networks, and infrastructure projects consume significant energy, making them ideal starting points for renewable adoption. Solar installations on warehouses, energy-efficient storage systems, and electrified transportation networks can reduce operational costs while lowering carbon emissions. For example, Indian Railways—the world’s fourth-largest rail network—has committed to becoming a net-zero carbon emitter by 2030, while government buildings across states are increasingly adopting rooftop solar systems to reduce grid dependency.

    India’s sustainability push is already visible through initiatives supporting green manufacturing, clean mobility, and renewable power generation. Programs such as the FAME India Scheme promote electric vehicle adoption, while the National Solar Mission continues to drive solar capacity growth. Government investments in green infrastructure have also expanded, including funding allocations for sustainable urban development and clean manufacturing. India’s transport electrification efforts, renewable energy expansion, and sustainable infrastructure planning are helping institutions reduce environmental impact while improving operational efficiency. These efforts align with broader national commitments to sustainable growth and climate-resilient development.

    “Sustainability in the public sector is also about operational efficiency,” notes Sudeep Singh, FCI. “Energy-efficient infrastructure, renewable integration, and responsible resource management can significantly reduce long-term costs while improving service delivery.” This approach highlights how environmental responsibility and economic efficiency can work together. By adopting renewable energy and resource-efficient practices, public sector institutions can reduce operational risks and improve financial sustainability.

    Another key element is the importance of aligning policies with measurable sustainability outcomes. India’s development agenda already integrates sustainability across multiple national programs. NITI Aayog’s SDG mapping has aligned over 100 central government schemes with Sustainable Development Goals, covering areas such as climate action, sustainable agriculture, clean energy, and infrastructure development. However, effective implementation depends on data-driven governance and institutional accountability.

    Government agencies are increasingly adopting digital platforms, performance dashboards, and analytics-based decision-making to monitor sustainability goals. Initiatives such as digital monitoring of energy consumption, smart logistics planning, and climate-risk analytics are helping departments measure outcomes more effectively. India’s push toward digital governance has already resulted in large-scale adoption of technology-enabled monitoring systems across sectors, including food distribution, infrastructure planning, and public procurement.

    “Data is the backbone of sustainable reforms,” says Sudeep Singh. “When institutions track performance through measurable indicators, sustainability transitions become structured, transparent, and scalable.”

    India’s policy ecosystem already supports such an approach. National development frameworks and SDG-linked schemes encourage integration between economic growth and environmental priorities. Through coordinated planning between central and state governments, sustainability goals can be implemented more effectively across sectors. Additionally, initiatives under the Partnership for Action on Green Economy (PAGE) are supporting policy coherence and coordination between national and sub-national sustainability efforts.

    Sustainable public sector reforms also depend on institutional accountability. Sudeep Singh, Former FCI Director, believes that governance systems must evolve to incorporate sustainability benchmarks in decision-making. This includes procurement guidelines prioritizing eco-friendly solutions, infrastructure development aligned with environmental standards, and operational policies that encourage resource optimization.

    India’s sustainability initiatives already emphasize green urban planning, renewable energy deployment, and electrified transportation. Government investments in green infrastructure, including sustainable mobility and renewable energy projects, aim to balance rapid economic growth with ecological responsibility. These reforms are positioning India as a global leader in sustainable development while strengthening long-term resilience.

    Sustainability-driven reforms are not just about environmental responsibility but also about economic resilience. Public sector institutions play a critical role in shaping national development, and sustainable governance can enhance productivity, reduce operational costs, and improve service efficiency. Green growth strategies are also expected to generate millions of new jobs in renewable energy, clean transportation, and sustainable infrastructure sectors.

    As India continues its journey toward becoming a global economic powerhouse, sustainability-driven public sector reforms are becoming increasingly important. By embedding sustainability into public sector planning and execution, India can enhance resilience, improve efficiency, and ensure long-term growth. Through strategic reforms and responsible governance, sustainability can become a cornerstone of India’s development agenda, supporting economic progress while safeguarding environmental resources for future generations.

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  • Nakli Yash Mehta: From Projects to Proof — A Creative Journey Backed by Work

    Nakli Yash Mehta: From Projects to Proof — A Creative Journey Backed by Work

    New Delhi [India], April 09: If you’ve been hearing the name Nakli Yash Mehta repeatedly, it’s no longer just because of curiosity—it’s because of real work that exists, performs, and speaks for itself. Today, Nakli Yash Mehta is a working filmmaker, video producer, and content strategist with a portfolio spanning YouTube, Instagram, branded campaigns, and film platforms.

    Real Work. Real Execution

    The biggest shift in the journey of Nakli Yash Mehta is simple—proof of work. From commercial campaigns to storytelling-driven films, Nakli Yash Mehta has been actively involved in projects that showcase both creative vision and execution strength.

    Presence Across Platforms

    Nakli Yash Mehta’s work extends across YouTube, Instagram, film projects, and commercial campaigns. The Film & Industry Angle Nakli Yash Mehta operates within both digital content and cinematic storytelling spaces, building credibility as a filmmaker with long-term vision.

    A Portfolio That Reflects Range

    The portfolio includes narrative short films, brand commercials, influencer content, and social media campaigns.

    What This Says About Nakli Yash Mehta

    Nakli Yash Mehta is actively producing content, collaborating with brands, and building a structured creative career.

    Explore Nakli Yash Mehta:

    https://linktr.ee/nakliyashmehta

    https://www.imdb.com/name/nm10963157/?ref_=ext_shr

    Final Take Nakli Yash Mehta is a working creative identity backed by real projects, consistent output, and a clear direction forward.

  • Pakka Ltd Appoints Mayank Jindal as India Business Head

    Pakka Ltd Appoints Mayank Jindal as India Business Head

    Mr. Mayank Jindal, India Business Head, Pakka Limited 

    Ayodhya (Uttar Pradesh) [India], April 09: Pakka Limited (BSE: 516030 | NSE: PAKKA), India’s leading regenerative packaging company, today announced the appointment of Mr. Mayank Jindal as India Business Head, as the company aims to attain global leadership in regenerative packaging in the next five years.

    A veteran of the global pulp and paper industry with 35 years of experience, Mr. Jindal will lead Pakka’s operational scale-up to meet the surging demand across India and 45 other countries.

    Mr. Jindal brings deep expertise in integrated pulp and paper manufacturing, having held senior roles at JK Paper in India, Double A in Thailand, and most recently at Toba Pulp Lestari in Indonesia. He holds a Bachelor of Engineering in Pulp & Paper from IIT Roorkee.

    Commenting on his appointment, Mr. Mayank Jindal said:”After spending over three decades working across integrated pulp and paper operations in India and Southeast Asia, joining Pakka feels like a natural next step. The opportunity here is clear—to aim at making our surroundings cleaner through world-class manufacturing and sustainable raw materials in food-grade packaging, while creating a real global impact. With the infrastructure Pakka has built, I believe we are well-positioned to do exactly that.”

    Mr. Ved Krishna, Group Lead, Pakka Limited, said, “Mayank’s appointment signals the seriousness of our growth ambitions. We are building one of the world’s most scaled regenerative packaging operations, and Mayank’s global mill-level experience will be critical in this journey. This is a transformational hire for Pakka.”

    Pakka Limited is a publicly listed, regenerative packaging company headquartered in Ayodhya, Uttar Pradesh. Founded in 1981, the company manufactures compostable, bagasse-based food packaging and food-service products under its consumer brand CHUK. Pakka operates a fully off-grid, self-sustained manufacturing facility powered entirely by biomass energy. The company is present in 45+ countries with 40+ distribution partners. Pakka is India’s first B Corp-certified company in its category and is recognised as a Great Place to Work.

    More information about the company is available at https://pakka.com

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  • Mitahara Vedic Foods – Take one step towards health in place of 1st step

    Mitahara Vedic Foods – Take one step towards health in place of 1st step

    New Delhi [India], April 09: In an era where health and transparency have become top priorities for consumers, Mitahara Vedic Foods is emerging as a game-changing startup in the food industry. With a unique blend of innovation, nutrition, and trust, the brand is redefining how people experience healthy eating.

    Mitahara Vedic Foods proudly introduces itself as the world’s first millet-based cloud kitchen—a concept that sets it apart in an increasingly competitive market. Millets, often referred to as ancient superfoods, are rich in fibre, packed with essential nutrients, and highly beneficial for modern lifestyles. By building its entire food philosophy around millets, the brand is not only promoting healthier eating habits but also reviving traditional grains in a modern, accessible format.

    Taking innovation a step further, Mitahara Vedic Foods is also the world’s first live cooking cloud kitchen. This means customers can experience complete transparency by witnessing their food being prepared in real time. In today’s market, where trust and hygiene are major concerns, this live cooking concept creates a strong sense of confidence among customers. It assures them that their meals are freshly prepared, handled with care, and maintained under strict hygienic conditions.

    This powerful combination of cloud kitchen convenience and live cooking transparency creates a unique and engaging customer experience. While traditional cloud kitchens focus mainly on delivery efficiency, Mitahara Vedic Foods goes beyond by adding authenticity and visibility to the entire process. This approach not only enhances customer trust but also strengthens the brand’s credibility.

    Another key highlight of Mitahara Vedic Foods is its extensive product development. The brand has successfully tested and curated over 104+ recipes, ensuring variety, taste, and consistency. This wide range allows customers to explore multiple healthy food options without compromising on flavour. From everyday meals to innovative millet-based dishes, the brand caters to every health-conscious consumer.

    The focus on recipe testing reflects a deep commitment to quality. Each dish is carefully crafted, refined, and standardized to deliver optimal taste along with high nutritional value. This ensures a consistent and satisfying experience with every order.

    Health remains at the core of Mitahara Vedic Foods’ mission. As lifestyle-related health concerns continue to rise, there is an increasing demand for food that is both nutritious and convenient. Millet-based meals provide an ideal solution—they are gluten-free, easy to digest, and rich in essential minerals. Mitahara Vedic Foods effectively addresses this demand by offering meals that support a healthier lifestyle without sacrificing taste.

    In addition to its innovative offerings, the brand follows a strong customer-first approach. It emphasizes high standards in food quality, hygiene, and service, aiming to build long-term relationships and customer loyalty.

    Mitahara Vedic Foods also leverages digital platforms to enhance accessibility and reach. Through its online presence, customers can easily explore the menu, understand the benefits of millet-based foods, and place orders seamlessly. This modern approach highlights the brand’s commitment to convenience and innovation.

    As a forward-thinking startup, Mitahara Vedic Foods is setting new benchmarks in the food industry. By combining health, transparency, and variety, it is not just offering meals—it is creating a new way of experiencing food.

    In conclusion, Mitahara Vedic Foods stands as a symbol of innovation, trust, and wellness in the healthy food segment. With its world-first concepts and a strong foundation of quality and variety, the brand is well on its way to transforming the future of food.

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