Category: Business

  • Is Shiprocket Reliable for eCommerce Businesses in India? A Detailed Performance Review (2026)

    Is Shiprocket Reliable for eCommerce Businesses in India? A Detailed Performance Review (2026)

    New Delhi [India], April 07: For Indian e-commerce, delivery reliability is essential. It drives customer satisfaction, repeat purchases, and profits. One failed delivery costs more than just logistics fees; it risks future orders.

    Most small and mid-sized sellers pick a single courier and absorb losses when it falls short. This approach becomes riskier and more costly as the business scales.

    Shiprocket and other aggregators solve this by combining multiple couriers, automating allocation, and expanding reach. This spreads risk instead of concentrating it.

    But how reliable is Shiprocket in practice? This review measures its real-world performance on key factors for growing e-commerce businesses.

    What Reliability Actually Means in eCommerce Logistics

    Logistics reliability is multi-dimensional, a sum of performance across several key areas.

    On-time delivery drives repeat business. Accurate delivery dates manage customer expectations. High RTO rates cut into margins. Clear tracking reduces support costs. Effective issue resolution preserves business relationships.

    Here’s how Shiprocket measures up across these dimensions.

    Multi-Courier Network

    Shiprocket’s core strength is its multi-courier network, over 42 partners selected by cost, performance, and serviceability.

    For D2C brands, this reduces dependency risk and creates competitive pressure among couriers, an advantage that single-courier setups lack.

    The trade-off: performance still depends on the assigned courier. Shiprocket covers 19,000+ pin codes, reaching Tier-2 and Tier-3 markets where single couriers often fall short.

    For brands selling beyond metros, this wide reach is crucial. Shiprocket’s decade-built network connects Jaipur-based sellers to buyers in Siliguri, Tiruppur, and Morbi.

    However, delivery times in remote areas still depend on local infrastructure beyond Shiprocket’s control.

    Courier Allocation and Automation

    Manual courier selection is slow and often uninformed. Shiprocket’s automated allocation uses real-time data, destination, and shipment details to optimise choices.

    Sellers make fewer manual decisions and achieve more consistent allocations when the underlying data is current and accurate.

    Tracking and Post-Purchase Communication

    Shiprocket offers real-time tracking and proactive customer notifications, reducing support needs and post-purchase costs for high-volume sellers.

    For D2C brands, post-purchase communication is a valuable touchpoint. Shiprocket’s system automates timely updates, saving brands time and effort.

    Tracking accuracy varies with how promptly couriers update statuses.

    RTO Management and COD Operations

    Cash on delivery (COD) dominates in India, especially outside metros. High COD means high RTO risk—20–25% RTO rates can erase profits. Shiprocket’s NDR tools, such as automated follow-ups and rescheduling, help reduce undelivered returns, though they don’t fully solve the COD challenge.

    Where Shiprocket Works Best

    Shiprocket best fits small, mid-sized and large sellers lacking logistics teams, D2C brands expanding nationally, and COD-heavy operations that need RTO management.

    Businesses that need tight control or highly specialised logistics may find aggregators less suitable.

    Where This Leaves Sellers

    Shiprocket, serving over 4 lakh merchants and 19,000+ pin codes, is better suited for scaling Indian e-commerce than single-courier models.

    It can’t control weather, infrastructure, or peak courier loads. But Shiprocket reduces risk, improves allocation, and offers tools to manage failures.

    For most growing Indian eCommerce businesses, that’s a meaningful upgrade over the alternatives available.

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  • PlastiWorld 2026 Concludes with 800+ MoUs, Accelerating India’s Push Toward $50 Billion Export Target

    PlastiWorld 2026 Concludes with 800+ MoUs, Accelerating India’s Push Toward $50 Billion Export Target

    Mumbai (Maharashtra) [India], April 07: PlastiWorld 2026, organized by AIPMA (All India Plastics Manufacturers Association) in partnership with FIEO (Federation of Indian Export Organizations), concluded successfully in Mumbai, reinforcing its role as a high-impact, export-focused global sourcing platform for plastic finished goods. 

    Held from 23rd to 25th March, the three-day export-focused exhibition generated approximately ₹60 crore in concluded business, facilitated 4,000+ pre-scheduled B2B meetings, and led to the signing of 800+ MoUs between Indian manufacturers and international buyers.Designed as a structured bridge between Indian MSMEs and verified global buyers, PlastiWorld 2026 addressed a key gap in conventional trade fairs by enabling result-oriented business matchmaking.

    Held over three days at Mumbai’s Jio World Convention Centre, the event witnessed strong international participation despite global trade uncertainties: 

    • 210+ international buyers from 47 countries identified to attend
    • Participation from leading retail brands including Reliance Retail and IKEA
    • 50+ institutional buyers and sourcing agents
    • 100+ exhibitors showcasing export-ready products

    The event opened with a high profile inaugural ceremony attended by dignitaries from government bodies, trade organizations, and industry leaders. The ceremony underscored India’s growing export ambitions, policy support, and manufacturing strength, setting a confident tone for the exhibition.

    PlastiWorld 2026featured a diverse range of finished plastic products across key sectors including household goods, packaging, sports and leisure, stationery, infrastructure, and sustainable materials. The exhibition floor saw strong engagement, with exhibitors reporting meaningful inquiries and high-quality buyer interactions. 

    A key highlight of the event was its highly structured B2B matchmaking program – Pre-scheduled meetings ensured focused discussions, enabling Indian manufacturers to connect directly with verified global buyers and sourcing agents. This significantly reduced market entry barriers and helped build both immediate and long-term export pipelines.

    Alongside business meetings, curated knowledge sessions brought together policymakers, export experts, and industry leaders. Discussions focused on India’s export roadmap, global trade opportunities, sustainability, and value-added manufacturing (providing actionable insights for exporters aiming to scale globally)

    A significant milestone of PlastiWorld 2026 was the signing of two MoUs between AIPMA, FIEO, and the India New Zealand Business Council (INZBC), aimed at boosting bilateral trade, strengthening industry linkages, and unlocking new cross-border opportunities.PlastiWorld 2026 reflects the impact of focused industry collaboration in promoting India as a reliable global sourcing destination for plastic finished goods. 

    Reflecting on the impact of focused industry collaboration at the event, AIPMA Chairman & President Mr. Arvind Mehta said – “The scale of participation, the volume of structured B2B meetings, and the business outcomes achieved at Plastiworld 2026 reflect the strength and export-readiness of India’s plastics sector. This platform is playing a pivotal role accelerating India’s journey towards becoming a global sourcing hub.” 

    With global trade in plastic finished products valued at approximately USD 1.3 trillion and India’s current exports at around USD 12.5 billion (less than 1%), AIPMA has set an ambitious target to grow exports fourfold to USD 50 billion in the next three years. PlastiWorld serves as a critical platform in achieving this vision.  

    About PlastiWorld: 

    PlastiWorld is India’s premier global trade exhibition for plastic finished products, organised by the All India Plastics Manufacturers Association (AIPMA). It connects international, pre-screened buyers with India’s export-ready manufacturers, supporting focused sourcing, partnerships, and export growth.

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  • PlastiWorld 2026 Concludes with 800+ MoUs, Accelerating India’s Push Toward $50 Billion Export Target

    PlastiWorld 2026 Concludes with 800+ MoUs, Accelerating India’s Push Toward $50 Billion Export Target

    Mumbai (Maharashtra) [India], April 07: PlastiWorld 2026, organized by AIPMA (All India Plastics Manufacturers Association) in partnership with FIEO (Federation of Indian Export Organizations), concluded successfully in Mumbai, reinforcing its role as a high-impact, export-focused global sourcing platform for plastic finished goods. 

    Held from 23rd to 25th March, the three-day export-focused exhibition generated approximately ₹60 crore in concluded business, facilitated 4,000+ pre-scheduled B2B meetings, and led to the signing of 800+ MoUs between Indian manufacturers and international buyers.Designed as a structured bridge between Indian MSMEs and verified global buyers, PlastiWorld 2026 addressed a key gap in conventional trade fairs by enabling result-oriented business matchmaking.

    Held over three days at Mumbai’s Jio World Convention Centre, the event witnessed strong international participation despite global trade uncertainties: 

    • 210+ international buyers from 47 countries identified to attend
    • Participation from leading retail brands including Reliance Retail and IKEA
    • 50+ institutional buyers and sourcing agents
    • 100+ exhibitors showcasing export-ready products

    The event opened with a high profile inaugural ceremony attended by dignitaries from government bodies, trade organizations, and industry leaders. The ceremony underscored India’s growing export ambitions, policy support, and manufacturing strength, setting a confident tone for the exhibition.

    PlastiWorld 2026featured a diverse range of finished plastic products across key sectors including household goods, packaging, sports and leisure, stationery, infrastructure, and sustainable materials. The exhibition floor saw strong engagement, with exhibitors reporting meaningful inquiries and high-quality buyer interactions. 

    A key highlight of the event was its highly structured B2B matchmaking program – Pre-scheduled meetings ensured focused discussions, enabling Indian manufacturers to connect directly with verified global buyers and sourcing agents. This significantly reduced market entry barriers and helped build both immediate and long-term export pipelines.

    Alongside business meetings, curated knowledge sessions brought together policymakers, export experts, and industry leaders. Discussions focused on India’s export roadmap, global trade opportunities, sustainability, and value-added manufacturing (providing actionable insights for exporters aiming to scale globally)

    A significant milestone of PlastiWorld 2026 was the signing of two MoUs between AIPMA, FIEO, and the India New Zealand Business Council (INZBC), aimed at boosting bilateral trade, strengthening industry linkages, and unlocking new cross-border opportunities.PlastiWorld 2026 reflects the impact of focused industry collaboration in promoting India as a reliable global sourcing destination for plastic finished goods. 

    Reflecting on the impact of focused industry collaboration at the event, AIPMA Chairman & President Mr. Arvind Mehta said – “The scale of participation, the volume of structured B2B meetings, and the business outcomes achieved at Plastiworld 2026 reflect the strength and export-readiness of India’s plastics sector. This platform is playing a pivotal role accelerating India’s journey towards becoming a global sourcing hub.” 

    With global trade in plastic finished products valued at approximately USD 1.3 trillion and India’s current exports at around USD 12.5 billion (less than 1%), AIPMA has set an ambitious target to grow exports fourfold to USD 50 billion in the next three years. PlastiWorld serves as a critical platform in achieving this vision.  

    About PlastiWorld: 

    PlastiWorld is India’s premier global trade exhibition for plastic finished products, organised by the All India Plastics Manufacturers Association (AIPMA). It connects international, pre-screened buyers with India’s export-ready manufacturers, supporting focused sourcing, partnerships, and export growth.

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  • The Goldilocks Phase: Is India’s Economic Sweet Spot Finally Here?

    The Goldilocks Phase: Is India’s Economic Sweet Spot Finally Here?

    New Delhi [India], April 07: A steady hand at the wheel: how India is quietly balancing growth, inflation, and global uncertainty without hitting the brakes

    There’s something oddly calm about India right now. Not quite, definitely not that, but steady. Grounded. Like a train moving fast but not rattling off its tracks.

    And honestly, in a world that feels like it’s constantly one headline away from chaos, that steadiness matters more than we admit.

    So yeah, as April kicks in and the Reserve Bank of India gears up for its policy announcement, this doesn’t feel like just another routine update. It feels… intentional. Almost like someone’s actually thinking long-term for once.

    Growth, but the kind you can actually feel

    Let’s start with the obvious. Growth.

    A projected 7.4% GDP for FY26 isn’t just a number you throw into a PDF and forget. It’s a signal. A pretty loud one, actually. Because while a lot of economies are dragging their feet—or worse, quietly slipping backward India’s still pushing ahead. Not perfectly, sure. But with momentum.

    And where’s that coming from? Not one place.

    It’s in the everyday stuff. People are spending again. Rural demand picking up—finally. I was in a Tier-2 town a few months back (don’t ask me why, long story), and you could literally feel the difference compared to last year. Shops busier. Conversations less… cautious.

    Then there’s investment. For the longest time, private players were just watching from the sidelines, waiting for the government to do the heavy lifting. Now? They’re slowly stepping in. Capacity utilization’s up, factories are humming a bit louder, and companies are, yes, cautiously but actually, putting money to work.

    Trade’s another quiet win. Those India-EU and India-US deals? They’re not flashy right now, but give them time. These things compound. Slowly, then suddenly.

    Why steady interest rates might be the real story

    But here’s the part people really care about. Interest rates.

    Or more specifically, EMIs.

    And look, this is where the RBI’s playing it smart. Holding the repo rate at 5.25% might not sound exciting. It’s not supposed to be. Stability rarely is.

    But if you’ve got a home loan, or you’re running a small business where every percentage point kinda hurts, this matters. A lot.

    Because predictability? That’s underrated. You can plan around it. Build around it. Sleep better because of it.

    And then there’s that MSME move, collateral-free loans bumped up to ₹20 lakh. That’s not just policy talk. That’s someone, somewhere, deciding they can finally expand their workshop or hire two more people without risking their entire life savings.

    It’s small. But it’s not small.

    Handling inflation without hitting the panic button

    Now, the tricky bit. Inflation. Or more precisely, imported inflation.

    Oil above $100. West Asia tensions are doing their usual thing. The kind of stuff that’s completely out of India’s control, and yet somehow always ends up affecting the price of your morning chai.

    But here’s where it gets interesting.

    Instead of panicking, and central banks do panic sometimes, the RBI is treating it like what it is: a supply-side issue. Not something you crush with aggressive rate hikes and hope for the best.

    They’re managing the rupee carefully. Not dramatically, just… carefully. Enough to avoid wild swings. Enough to keep things boring. And boring, in currency markets, is actually great.

    Meanwhile, domestically? Inflation’s behaving. Core numbers are stable. Food prices, fingers crossed, should stay in check with a decent Rabi harvest.

    And those GST collections crossing ₹2 lakh crore? That’s not just a brag stat. It gives the government room to absorb shocks without passing everything onto consumers.

    So yeah, it’s not perfect. But it’s under control. Mostly.

    The long game: beyond just one policy cycle

    Somewhere in all of this is the bigger picture. The “Viksit Bharat 2047” idea. And I know these long-term visions can feel a bit… distant. Almost abstract.

    But then you look at the pieces.

    A central bank that’s not overreacting.
    An economy that’s still growing when others aren’t.
    Policies that, for once, seem aligned instead of working at cross purposes.

    And you start to think, okay, maybe this isn’t just talk.

    Maybe India really is shifting from reacting to global trends… to shaping its own path. Bit by bit.

    Anyway, stepping back.

    What we’re seeing right now isn’t dramatic. No big shocks. No surprise moves. And that’s exactly the point.

    It’s controlled. Deliberate. Almost… boring.

    But in a world addicted to volatility, boring might just be the biggest flex.

    And if this balance holds growth on one side, stability on the other—then yeah, this “Goldilocks” phase people keep talking about? It might actually be real.

    Or at least, real enough to matter.

    PNN BUSINESS

  • Spiritual Scientist Rashmi Aiyappa Conferred Lifetime Achievement Award for Pioneering Work in Wellness Industry

    Spiritual Scientist Rashmi Aiyappa Conferred Lifetime Achievement Award for Pioneering Work in Wellness Industry

    Bollywood actor and wellness advocate Shilpa Shetty Kundra presents the honour at Udyog Yogdaan Puraskar 2026, supported by Karnataka Tourism.

    Bengaluru (Karnataka) [India], April 07: A Bengaluru-based Spiritual Scientist whose wellness framework has reached lives across 30+ countries was conferred the Lifetime Achievement Award in the Wellness Industry (India) on March 28, in one of the country’s most recognised industry honours. Rashmi Aiyappa, Founder of Aashwasan Group of Companies and inventor of Aashwasan Science®, received the award from Bollywood actor, entrepreneur, and wellness advocate Shilpa Shetty Kundra at the Udyog Yogdaan Puraskar 2026, supported by Karnataka Tourism.

    The Udyog Yogdaan Puraskar recognises individuals whose contributions have created a lasting legacy in their respective fields. The ceremony, attended by prominent industry leaders, entrepreneurs, and social personalities, provided a national platform to acknowledge Rashmi Aiyappa’s two decades of work at the intersection of spiritual science, quantum phenomena, and human wellness.

    At the heart of Rashmi Aiyappa’s work is Aashwasan Science® — a spiritual technology she describes as grounded in quantum phenomena and aimed at enabling holistic well-being at physiological, psychological, and spiritual levels. Since founding Aashwasan® on May 23, 2005, her inventions have recorded more than 100 breakthroughs in health and wellness, with her programmes impacting millions of lives across 30+ countries. In her words, Aashwasan Science® is “spiritual in origin, scientific in approach, and experiential in nature.”

    Rashmi Aiyappa’s work has been particularly noted for its reach among those who have exhausted conventional approaches to health and life challenges. Aashwasan, as she has often described it, is “a place where people who have lost hope come to find life.” Her organisation has also guided corporations and institutions through transformation programmes, applying the same principles to organisational well-being.

    Apart from Aashwasan Group of Companies, Rashmi Aiyappa’s entrepreneurial footprint spans technology and social impact. She is the Founder and Executive Chairperson of Epiance Software and Aank Humane Technologies, and the Founder & Managing Trustee of Aashwasan Foundation — a combination that has positioned her as a rare figure bridging the worlds of tech entrepreneurship, social innovation, and the science of consciousness. Her work has been covered by more than 250 publications worldwide and featured across major media and radio platforms from 2005 to 2012.

    “Aashwasan is nature’s own. It’s a revolution that will continue for lifetimes and is here to stay. The only essence that marks life is love. Love is where it all begins,” Rashmi Aiyappa said.

    Awards and Recognitions
    The Lifetime Achievement Award adds to a decade-long record of national and international recognition:

    2013  —  Social Innovator — CMO Asia Awards, Singapore

    2017  —  Iconic Women Creating a Better World for All — Women Economic Forum

    2017  —  50 Most Impactful Social Innovators — World CSR Congress

    2018  —  Global Peace Leadership & Excellence Award — World Peace Conference

    2019, 2020 & 2021  —  Mahatma Awards — Social Good, Impact Leadership, and Maximising Human Potential

    2021 & 2022  —  Top Women CEOs — Women Entrepreneur Magazine

    2023  —  Forbes Recognition as eXtrepreneur — Select 200 Companies with Global Business Potential

    2024  —  Influential Leader in Mindfulness — Global Leaders Today Magazine

    2025  —  Best Brand 2025 — Economic Times Conclave

    2026  —  Lifetime Achievement Award, Wellness Industry (India) — Udyog Yogdaan Puraskar, in association with Karnataka Tourism

    The conferral of this award at a nationally prominent stage reflects both the growing recognition of wellness as a serious domain of impact in India, and the singular journey of a scientist who built her life’s work from a deeply personal experience of nature’s phenomena. As India asserts itself in the global wellness movement, Rashmi Aiyappa’s two-decade legacy stands as one of its most enduring contributions.

    For further details, contact: Aashwasan Group of Companies, www.aashwasan.com

    Aashwasan Foundation – www.aashwasan.org

    Social media handles:

    FB – www.facebook.com/RashmiAiyappaSpiritualScientist

    Instagram – https://www.instagram.com/msrashmiaiyappa/

    Linkedin – linkedin.com/in/rashmiaiyappa

    Youtube – www.youtube.com/Aashwasan/

    ABOUT AASHWASAN
    Founded in 2005 by Rashmi Aiyappa, Aashwasan® is a spiritual science organisation headquartered in Bengaluru, India. Through her pioneering invention, Aashwasan Science®, she introduced a transformative approach that for the first time in the world brought forward quantum science to be experienced in lives so that people experience holistic wellness. Its programmes have impacted millions of lives across 30+ countries, enabling individuals and organisations to undergo deep, lasting transformation.

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  • FundVice Acquires a Delhi based production House led By Kunal Sharma, Launches RoughCut Labs as Its Full-Spectrum Creative and Marketing Arm

    FundVice Acquires a Delhi based production House led By Kunal Sharma, Launches RoughCut Labs as Its Full-Spectrum Creative and Marketing Arm

    Noida (Uttar Pradesh) [India], April 07: FundVice Group, the integrated management consulting and enterprise transformation firm, today announced the acquisition of Production house, the creative and talent management agency founded and led by Kunal Sharma. The agency has been rebranded as RoughCut Labs and will operate as FundVice’s dedicated creative, marketing, and brand execution arm. Kunal Sharma joins the FundVice leadership team as Creative Director.

    The acquisition marks a decisive expansion of the FundVice ecosystem. Since its founding in 2018, FundVice has built an integrated platform spanning management consulting, M&A advisory, fractional CFO services, enterprise transformation, and finance infrastructure. With RoughCut Labs, the group now adds deep creative execution capability — photography, filmmaking, brand strategy, packaging design, UI/UX, digital marketing, event production, talent management, and intellectual property development — giving clients access to strategic and creative firepower under a single roof.

    Production house, under Kunal Sharma’s leadership, built a formidable track record over 13+ years in the fashion, entertainment, and brand ecosystem. The agency’s portfolio spans collaborations with international brands and leading designers, high-fashion editorial and commercial photography, cinematic brand films, large-scale event production including fashion weeks, brand activations for names like Coca-Cola, Pravaig, Cosmopolitan, DLF, McDonald’s, Tanishq, Reliance Brands, Jack Daniel’s, and Schweppes, and high-impact influencer marketing campaigns. This depth of creative execution, now combined with FundVice’s strategic and financial infrastructure, positions RoughCut Labs to deliver creative work that is not just visually compelling but commercially rigorous and strategically anchored.

    “When I founded FundVice in 2018, the vision was always to build an ecosystem — not a single practice. Every business we advise eventually needs creative execution: a brand identity, a campaign, a launch. Until now, that was a capability we referred out. With Kunal and RoughCut Labs, creative excellence is now native to the FundVice platform. This acquisition means our clients get strategy, capital, compliance, talent, technology, and creative — all with shared accountability and a single point of governance.”— Heena Arora Agarwal, Founder & Managing Partner, FundVice Group

    “I built Production house on the belief that creative work should move markets, not just win awards. But I kept hitting the same wall — great creative needs strategic context, financial discipline, and operational backbone to deliver real impact. FundVice is the only platform I’ve seen that brings all of that together. Joining forces means RoughCut Labs can now deliver creative that is strategy-led, data-informed, and built for outcomes. For our clients and our team, this changes everything.”— Kunal Sharma, Creative Director, FundVice Group

    Strategic Rationale

    The acquisition is driven by three core strategic imperatives:

    • Closing the ecosystem gap: FundVice clients — from startups raising their first round to enterprises executing post-merger integrations — consistently require creative and marketing execution. RoughCut Labs eliminates the need for external agencies, ensuring tighter alignment between business strategy and brand expression.
    • Deepening cross-sell and integrated delivery: With RoughCut Labs in the fold, the group can now deliver end-to-end engagements where business strategy and creative execution are governed under one platform — eliminating the friction and misalignment that comes from managing separate advisory and agency relationships.
    • Acquiring proven creative leadership: Kunal Sharma’s 13+ years of hands-on experience across fashion, film, events, and marketing — working with brands like Coca-Cola, DLF, Cosmopolitan, and Pravaig — brings a caliber of creative leadership that would take years to build organically.

    RoughCut Labs: Service Portfolio

    Under the FundVice umbrella, RoughCut Labs will offer the full spectrum of creative and marketing services:

    • Brand strategy, visual identity, and logo design
    • Photography: brand campaigns, product, events, portraiture, and editorial
    • Filmmaking: commercial brand films, corporate films, music videos, documentaries, and social content
    • Packaging design: structural, label, surface design, and mock-ups
    • UI/UX design: apps, websites, wireframing, prototyping, and usability optimization
    • Digital and social media: strategy, content creation, performance marketing, influencer collaborations, and analytics
    • Marketing and planning: market research, positioning, campaign architecture, and on-ground execution
    • Events and talent: corporate events, fashion shows, live experiences, and celebrity management
    • Intellectual property: original concept development, brand properties, and IP monetization

    FundVice Group Leadership Team

    Following the acquisition, the FundVice Group core management team comprises:

    • Heena Arora Agarwal — Founder & Managing Partner
    • Ritin Agarwal — Managing Partner
    • Sumit Agarwal — Director – Consulting
    • Kunal Sharma — Creative Director

    About FundVice Group

    Founded in 2018 by Heena Arora Agarwal, FundVice Group is an integrated value creation engine that partners with promoters, boards, and CXOs to embed strategy, finance, and execution into the enterprise’s core. The group operates across India, USA, Canada, the UK, Middle East, and Southeast Asia with 60+ consultants and advisors, 800+ investor relationships, and a proven track record spanning $500M USD in cost optimization, $50M USD in capital raised, and 500+ businesses analysed across multiple specialized verticals.

    Media Contact

    FundVice Group  |  corporate@fundvice.in  |  https://www.fundvice.in/

    +91-78-380-90083  |  +91-92-113-03004

    UG 007, Tower-1, Assotech Business Cresterra, Sector 135, Noida, Uttar Pradesh 201304

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  • Dhruv Consultancy Services Empanelled with India Exim Bank for DPR, TEV, PFR and LIE Services

    Dhruv Consultancy Services Empanelled with India Exim Bank for DPR, TEV, PFR and LIE Services

    New Delhi [India], April 07: Dhruv Consultancy Services Limited. (DCSL) (BSE – 541302 | NSE – DHRUV), one of India’s established infrastructure consultancy firms, is pleased to announce that has been empanelled with the Export-Import Bank of India (India Exim Bank) to deliver a comprehensive suite of technical consultancy services across the Roads & Highways sector.

    Scope of Empanelment

    The empanelment, effective April 2, 2026, enables the Company to undertake a wide range of assignments, including:

    • Preparation and vetting of Techno-Economic Viability (TEV) Reports, Project Feasibility Reports (PFR), and Detailed Project Reports (DPR)

    • Acting as Lender’s Independent Engineer (LIE) for project monitoring, ensuring technical compliance and progress oversight.

    The empanelment also authorizes the company to undertake DPR preparation and feasibility vetting for loan appraisal purposes, strengthening its role in institutionally funded infrastructure projects.

    In addition, the empanelment also covers broader advisory capabilities such as socio-economic impact assessment (SEIA) and procurement expertise, enabling the Company to support projects from evaluation to implementation.

    The Company meets stringent eligibility criteria, having executed at least three assignments across DPR/TEV preparation, vetting, and LIE services, including one in India, with the empanelment valid for up to three years, enabling participation in project-specific assignments. 

    This development marks a significant milestone in the Company’s growth journey, strengthening its association with a premier financial institution and reinforcing its credentials as a trusted partner across the infrastructure lifecycle from project conceptualization and evaluation to execution monitoring.

    Strategic Significance

    • Market Expansion: This empanelment opens doors for LIE services in both domestic and international markets, with the segment estimated at approximately ₹100 Crs per annum, positioning the Company to capture an estimated ~25% share of this high-value advisory space over the next three years.

    • Operational Efficiency: The associated workstreams can be efficiently executed through optimal utilization of existing head office resources and professional manpower, ensuring scalability without significant cost additions and creating potential for enhanced profitability.

    • Full Lifecycle Presence: With capabilities spanning project preparation (DPR, TEV, PFR) to project monitoring (LIE), the Company is well-positioned to deliver end-to-end support across the infrastructure project lifecycle.

    • Financial Integration: The empanelment creates opportunities to engage in projects backed by institutional financing, strengthening the Company’s technical credibility and deepening its integration within the infrastructure financing ecosystem.

    Commenting on the development, Mrs. Tanvi Dandawate Auti, Managing Director, stated, “We are pleased to be empanelled with India Exim Bank for a comprehensive range of consultancy services. This empanelment reinforces our technical capabilities and domain expertise across the infrastructure lifecycle, from project planning to execution monitoring.

    It also opens up new opportunities to collaborate on infrastructure projects supported by institutional financing, further strengthening our presence in the Roads & Highways sector. We remain committed to delivering high-quality, data-driven consultancy services aligned with industry standards and client expectations.”

    Disclaimer: This article is for informational purposes only and does not constitute financial advice.