Category: Business

  • DEV IT Signs Exclusive Master Distribution Agreement with A21 Technologies to Scale their AI-powered product “Talligence” Across India

    DEV IT Signs Exclusive Master Distribution Agreement with A21 Technologies to Scale their AI-powered product “Talligence” Across India

    Mumbai (Maharashtra) [India], March 30: Dev Information Technology Limited(DEV IT), (NSE – DEVIT, BSE – 543462 | INE060X01034), a global IT services company providing Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, with products like Talligence and ByteSigner, has announced the signing of an exclusive Master Distributor agreement with A21 Technologies LLP for the nationwide distribution of its AI-powered business intelligence software, Talligence.

    Strategic Partnership to Accelerate Nationwide Reach
    Under this agreement, A21 Technologies LLP will serve as the national master distributor for Talligence, enabling DEV IT to significantly expand its reach across India through a strong, partner-led distribution ecosystem. The collaboration aims to strengthen last-mile connectivity and accelerate the adoption of advanced business intelligence and analytics solutions among SMEs and MSMEs from their raw accounting data.

    Transforming Tally into a Data-Driven Decision Engine
    Talligence is an AI-powered business intelligence and analytics softwaredeveloped by DEV IT, designed to enhance the capabilities of the widely used accounting software Tally. It integrates with accounting data from Tally and provides business users with actionable insights, enabling business owners to gain deeper insights without the need for custom data analysis.

    The platform delivers AI-powered insights, including intelligent reports, predictive analytics, and real-time business intelligence, enabling faster,more informed decision-making. With multi-platform accessibility across web, mobile, and virtual assistants, Talligence ensures seamless business management anytime, anywhere. It also automates routine accounting and reporting tasks, improving efficiency and reducing manual effort, while offering a user-friendly interface tailored for business owners, accountants, and decision-makers.

    Built with a vision to bridge the gap between accounting data and actionable intelligence, Talligence enables businesses to transition from data entry to data-driven growth.

    A21’s Ecosystem-Driven Distribution Advantage
    A21 Technologies LLP operates as a collaborative ecosystem of software solution providers and channel partners across India, focused on delivering Tally, ERP and digital solutions to SMEs and MSMEs. Founded by seasoned ERP professionals with over 20 years of experience, A21 brings together partners who actively sell software, understand customer pain points, and provide implementation and support.

    The ecosystem enables strong product visibility through product conclaves, demo sessions, and partner meets, while also offering real customer insights to refine pricing, features, and positioning. Its co-selling model allows partners to bundle and cross-sell solutions within ERP ecosystems like Tally, unlocking scalable and recurring revenue opportunities.

    Commenting on the development, Vishal Vasu, Director & CTO, Dev Information Technology Ltd, said:
    “While Talligence offers the most advanced AI and ML capabilities for Tally users, our goal is to ensure that this technology reaches every corner of Bharat. Partnering with A21 as our national master distributor is a strategic step. Their unparalleled network of Tally partners and distributors pan-India provides us with the ‘last-mile’ connectivity needed to transform how Indian SMEs interact with their accounting data.”

    Commenting on the partnership, Rajendra Shah, CEO & MD, A21 Technologies LLP, said:
    “This partnership is a defining step forward for A21 Technologies LLP. By joining forces with DEV IT Limited, we are not only expanding our portfolio but also creating a powerful national distribution engine. Our focus is clear — build a strong partner-driven ecosystem, drive value for customers, and scale efficiently across India.

    We believe that the future of technology growth lies in collaboration, and this alliance positions us to lead from the front. With our expertise in business process optimisation, sales execution, and technology integration, we are confident of unlocking significant opportunities for both organisations and our partners.”

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

  • Chamelidevi Flour Mills Limited Received In-Principle Approval From BSE SME

    Chamelidevi Flour Mills Limited Received In-Principle Approval From BSE SME

    Mumbai (Maharashtra) [India], March 30: Chamelidevi Flour Mills Limited (Chamelidevi, The Company) is an agro-processing company engaged in the manufacturing of wheat-based food products, including atta, maida, rawa, suji and bran, has received approval for its Draft Red Herring Prospectus, marking a significant step toward its Initial Public Offering.

    The company plans to issue 58,20,000 fresh equity shares with a face value of ₹ 10 each. As the company moves forward with its IPO plans, the capital raised will be utilized Setting up additional facility for chakki Atta and manufacturing facility for Daliya and Kesariya Rawa/Suji Plant with storage silo, Working Capital Requirement and General Corporate Purposes. This strategic allocation will help enhance operational efficiency, support growth initiatives, and strengthen the company’s financial position.

    The Book Running Lead Manager to the Issue is Beeline Capital Advisors Private Limited & MUFG Intime India Private Limited is Registrar to the Issue.

    About Chamelidevi Flour Mills Limited:
    Chamelidevi Flour Mills Limited (Chamelidevi, The Company) is an agro-processing company engaged in the manufacturing of wheat-based food products, including atta, maida, rawa, suji, and bran. The Company operates an integrated flour milling facility located at the Nimrani Food Processing Park in Madhya Pradesh, with an installed capacity of 85,000 metric tonnes per annum. Its operations span raw material procurement, in-house milling, quality control, packaging, and distribution.

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

  • New wave of Lab Grown Diamond Jewelry led by Ivana Jewels

    New wave of Lab Grown Diamond Jewelry led by Ivana Jewels

    New Delhi [India], March 28: India’s diamond jewellery market is undergoing a significant transformation. Today’s buyers are no longer limited to traditional choices; they are exploring modern, versatile, and value-driven options that align with their lifestyle.

    From lab-grown diamond earrings to statement pieces like a wedding diamond necklace, consumer preferences are evolving rapidly. This shift is being driven by a growing awareness of pricing, design flexibility, and ethical sourcing.

    In this changing landscape, Ivana Jewels is a trusted lab-grown diamond brand in India, helping customers navigate modern jewellery choices with certified diamonds, transparent pricing, and contemporary designs.

    As the demand for lab grown diamond jewellery continues to grow across India, Ivana Jewels has established its presence in cities including Delhi, Mumbai, Noida, Nagpur, Surat, Chandigarh, and Ahmedabad. By expanding into multiple urban markets, the brand is making certified lab-grown diamonds more accessible to modern buyers who are seeking transparency, design variety, and better pricing options across regions.

    Ivana Jewels Expanding Its Presence Across New Cities

    Building on its growing footprint, Ivana Jewels is actively expanding into new markets to meet rising consumer demand. The brand has recently opened new stores in Pune and Lajpat Nagar, further strengthening its reach in major jewellery hubs. Looking ahead, Ivana Jewels is set to expand into additional cities such as Thane and Hyderabad in the coming months, reflecting its commitment to making lab grown diamond jewellery accessible to a wider audience across India.

    The Rise of Lab-Grown Diamond Jewellery

    Lab-grown diamonds are gaining strong momentum across India. These diamonds are created using advanced technology but offer the same brilliance, durability, and appearance as natural diamonds.

    Jewellery categories such as lab-grown diamond rings, lab-grown diamond earrings, and lab-grown diamond pendants are increasingly preferred for both everyday wear and special occasions.

    The key reason behind this shift is simple: buyers can now access premium-quality diamond jewellery at a more affordable price point, without compromising on aesthetics or durability.

    Earrings: Everyday Essentials with Modern Appeal

    New wave of Lab Grown Diamond Jewelry led by Ivana Jewels-PNN

    Earrings remain one of the most popular jewellery categories. From classic diamond stud designs to elegant solitaire diamond earrings, buyers are choosing pieces that can be worn daily.

    At the same time, lab-grown diamond earrings are becoming a go-to choice due to their affordability and variety. These designs offer flexibility for both minimal and statement looks, making them suitable for work, events, and casual wear.

    Rings: From Minimal to Statement Styles

    New wave of Lab Grown Diamond Jewelry led by Ivana Jewels-PNN

    Rings continue to dominate the jewellery market, driven by both engagement and fashion trends. The lab-grown diamond ring is one of the most searched categories, especially among younger buyers.

    In addition to traditional styles, bold designs like the cocktail ring are also gaining attention. These rings allow individuals to express personality through unique designs and larger stones, something made more accessible through lab-grown diamonds.

    Bracelets & Bangles: Rising Demand in Modern Jewellery

    Bracelets have seen a sharp increase in popularity, especially high-volume categories like the tennis bracelet and diamond tennis bracelet.

    Their sleek and continuous design makes them a timeless accessory. Buyers are increasingly searching for:

    • Tennis bracelet for women
    • Diamond bracelet for men
    • Lab-grown diamond bracelet

    Similarly, traditional styles such as the diamond bangle are being redesigned to suit modern preferences, blending heritage with contemporary aesthetics.

    Bridal Jewellery: Blending Tradition with Modern Design

    Wedding jewellery remains one of the most important segments in India. However, modern brides are moving toward lighter, more wearable designs.

    Popular choices include:

    • Wedding diamond necklace
    • Bridal diamond necklace
    • Polki earrings

    Today’s buyers often combine traditional elements with modern diamond jewellery, creating a balanced and personalized bridal look.

    Why Lab-Grown Diamonds Are Gaining Popularity

    Several factors are driving the growth of lab-grown diamond jewellery:

    • Better affordability compared to mined diamonds
    • Access to larger and higher-quality stones
    • Ethical and environmentally conscious sourcing
    • Wide variety across jewellery categories

    This allows buyers to invest in multiple jewellery pieces, whether it’s a pair of solitaire diamond earrings or a statement diamond tennis bracelet, without exceeding their budget.

    Jewellery Trends During Changing Market Conditions

    Even during uncertain or volatile economic times, jewellery continues to remain a preferred purchase category. However, buying behavior has shifted.

    Consumers are now more focused on:

    • Value for money
    • Practical and wearable designs
    • Certified and transparent purchases

    This is where lab-grown diamond jewellery stands out. It offers a balance of luxury and practicality, making it an attractive choice for modern buyers.

    Brands that focus on transparency, design innovation, and accessibility are gaining attention as consumers become more research-driven in their purchase decisions.

    Conclusion

    India’s jewellery market is evolving, and lab-grown diamonds are at the center of this transformation. As the space grows, brands like Ivana Jewels continue to shape how modern buyers experience fine jewellery. From everyday essentials like diamond stud earrings to occasion wear such as bridal diamond necklaces and tennis bracelets, buyers are embracing a more informed and flexible approach to jewellery.

    With increasing awareness, better pricing, and growing design options, lab-grown diamond jewellery is not just an alternative; it is becoming the preferred choice for many.

    FAQs

    1. What is lab-grown diamond jewellery?

    Lab-grown diamond jewellery features diamonds created in controlled laboratory environments. These diamonds have the same physical and visual properties as natural diamonds, making them a genuine and affordable alternative.

    2. Are lab-grown diamond earrings a good choice?

    Yes, lab grown diamond earrings are a great choice for everyday and occasion wear. They offer the same brilliance as natural diamonds but at a more affordable price, making them popular among modern buyers.

    3. What is a tennis bracelet, and why is it popular?

    A tennis bracelet is a flexible bracelet with a continuous line of diamonds. It is popular due to its elegant and minimal design, and styles like diamond tennis bracelets and tennis bracelets for women are widely in demand.

    4. What should I consider when buying a wedding diamond necklace?

    When buying a wedding diamond necklace, consider factors like design, weight, diamond quality, and comfort. Many buyers also explore bridal diamond necklace options that blend traditional and modern styles.

    5. What are solitaire diamond earrings?

    Solitaire diamond earrings feature a single prominent diamond in each earring, offering a timeless and elegant look. They are often preferred over simple diamond stud styles for their premium appeal.

    6. Are polki earrings still in trend?

    Yes, polki earrings remain popular, especially for weddings and festive occasions. They are often paired with modern diamond jewellery to create a balanced traditional and contemporary look.

    7. What types of diamond jewellery are trending in India?

    Trending categories include:

    • Lab-grown diamond ring
    • Lab-grown diamond pendant
    • Lab-grown diamond bracelet
    • Cocktail ring
    • Diamond bangle

    These pieces are popular for both daily wear and special occasions.

    8. Is lab-grown diamond jewellery worth buying?

    Yes, lab-grown diamond jewellery is worth buying as it offers better value, larger stone options, and ethical sourcing compared to natural diamonds.

    9. Are there diamond jewellery options available for men?

    Yes, there is growing demand for men’s jewellery, such as diamond bracelets for men and minimal diamond accessories designed for everyday wear.

    10. Where can I buy lab-grown diamond jewellery in India?

    You can buy lab-grown diamond jewellery from both offline stores and online platforms of brands like Ivana Jewels. Many buyers prefer online options for better variety, transparent pricing, and certified products.

  • Electrent Energy Enters Commercial Power Backup Market; Launches High-Capacity Lithium Technology Based Inverters to Replace Diesel Generators

    Electrent Energy Enters Commercial Power Backup Market; Launches High-Capacity Lithium Technology Based Inverters to Replace Diesel Generators

    New Delhi [India], March 28: Electrent, a fast-growing cleantech brand in the energy storage space, has launched a range of high-capacity lithium-powered inverter systems designed to directly replace diesel generators in factories, hospitals, commercial buildings, and infrastructure facilities. The new lineup — spanning 3-Phase Inverters from 10 kVA to 50 kVA and a purpose-built Lift Inverter System for emergency elevator rescue — runs on Lithium Iron Phosphate (LiFePO₄) batteries and is positioned as a cleaner, quieter, and financially smarter alternative to the diesel gensets that most of urban industrial India still depends on.

    The launch comes as several state governments — including Delhi and Chandigarh — tighten restrictions on diesel generator use in commercial and residential zones. Elevated diesel prices and supply chain volatility have further eroded the economics of running gensets. Electrent’s Energy Storage Systems (ESS) operate silently, produce zero emissions, and switch to backup power in near-zero time — making them eligible for environments where a diesel generator is no longer permitted, practical, or cost-effective.

    Replacing the DG Set, Tier by Tier
    The 3-Phase Inverter Series covers five capacity points — 10, 15, 20, 30, and 50 kVA — each engineered as a direct functional equivalent to a diesel genset of comparable output. A 10 kVA unit is designed for SMEs, retail establishments, and offices currently running small DG sets; the 50 kVA system targets industrial plants and data centres that rely on large-capacity generators. Every unit in the range delivers near-instantaneous backup switching, making it suitable for loads where even a momentary interruption causes operational loss: CNC machines, refrigeration systems, hospital equipment, billing counters, and networked data systems.

    Unlike a genset, which requires a dedicated fuel supply, exhaust infrastructure, periodic engine servicing, and outdoor or semi-outdoor installation, Electrent’s ESS units can be installed indoors, require minimal maintenance, and run without noise or fumes. Each system is governed by an intelligent Battery Management System (BMS) that monitors cell voltage, temperature, charge cycles, and balancing in real time, ensuring safe operation across the full life of the battery. Backup duration — typically ranging from 30 minutes to two hours — is configurable depending on the battery bank selected at installation.

    A key advantage over conventional lead-acid inverter systems is space. A comparable lead-acid installation requires between 30 and 60 large batteries, typically demanding a dedicated ventilated room with reinforced flooring. Electrent’s lithium systems deliver the same capacity in roughly one-fourth the space — a material consideration for urban commercial buildings and manufacturing facilities where floor space carries a real cost.

    The Economics: ROI in 2.5 to 3.5 Years
    The upfront cost of a lithium ESS is higher than a diesel generator of equivalent capacity. However, the elimination of diesel fuel costs and the reduction in maintenance expenses make the long-term economics compelling. Electrent estimates that businesses replacing diesel backup can recover the differential investment within approximately 2.5 years on a one-hour backup configuration and around 3.5 years on a 30-minute system, calculated on fuel and maintenance savings alone. Post payback, the savings are pure operational gain — no diesel invoices, no engine service contracts, no exposure to fuel price volatility.

    For businesses in Delhi and other cities already facing compliance pressure over genset use, the calculation is more straightforward: the alternative to ESS is either a fine or a shutdown, not just a fuel bill.

    The Lift Inverter: Beyond Basic Rescue
    The second product in the launch — the Electrent Lift Inverter — addresses a specific and frequently underestimated risk in multi-storey buildings. Standard Automatic Rescue Devices (ARDs), the most common elevator backup system in use today, provide just enough power during a blackout to carry the lift to the nearest floor and open the doors. That is the full extent of their capability.

    Electrent’s system is classified as an Emergency Rescue Device (ERD) and goes substantially further. Backed by LiFePO₄ batteries and intelligent power management, it provides sustained backup that allows the elevator to travel to any floor the passenger selects, complete multiple trips, and handle full rated loads. In a hospital where a patient needs to reach a specific floor, or in a high-rise residential building where the nearest floor may be an intermediate landing with no exit, the distinction is more than a feature difference — it is a safety gap.

    The ERD is designed for high-rise residential complexes, hospitals, shopping malls, airports, and any facility where elevator failure during a blackout poses a meaningful safety or operational risk. It is compatible with standard elevator drive systems and replaces or upgrades existing ARD installations.

    “Our goal is to help Indian industries transition from volatile fossil fuels to reliable, clean energy. With zero emissions, minimal maintenance, and a footprint that fits modern urban constraints, we are providing the infrastructure for a sustainable Bharat.”

    — Chirag Chawla, Founder & CEO, Electrent

    Who It’s For
    Electrent is targeting the new range at sectors where backup power is a daily operational necessity rather than an occasional contingency: factories and industrial plants, hospitals and diagnostic centres, petrol pumps, cold-chain warehouses, shopping malls, data centres, and high-rise residential and commercial buildings. These are also the sectors most directly affected by diesel genset regulations and most sensitive to fuel price fluctuations.

    With India’s commercial and industrial landscape facing simultaneous pressure from environmental compliance and energy cost volatility, Electrent is positioning its ESS as the practical, long-term answer — one where the case for retiring the diesel generator has become, at this point, largely self-evident.

    About Electrent
    Electrent is building future-ready energy infrastructure for India, helping homes and businesses move away from diesel gensets and lead-acid batteries to generate, store, and use clean power with the help of lithium technology.

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

  • GIFT City: India’s Operational Gateway to Global Capital Scales New Heights

    GIFT City: India’s Operational Gateway to Global Capital Scales New Heights

    Gandhinagar (Gujarat) [India], March 28: No longer just a conceptual vision, GIFT City has officially transitioned into a fully functioning global financial and IT hub. Recent progress reports indicate that the city is now competing directly with established global financial centers, positioning India as a primary owner of financial value creation rather than just a consumer of global services.

    The scale of the ecosystem is reflected in its rapidly growing financial metrics. As of February 2026, GIFT City hosts over 1,150 IFSCA registered entities. The banking sector has seen a massive surge, with assets growing from $14 billion in 2020 to $106.7 billion today, supported by 37 operational domestic and foreign banks including JP Morgan, Deutsche Bank, and HSBC.

    The capital markets are showing similar momentum:

    Fund Activity: 349 funds have been launched with a targeted corpus of $80 billion

    Exchange Turnover: Monthly turnover has crossed $100 billion, with the NSE IX-SGX Connect facilitating an average daily derivatives turnover of $4.8 billion.

    Bond Listings: Over 200 bonds are currently listed, valued at approximately $70.9 billion.

    The city is diversifying into high-value services such as aircraft and ship leasing. Currently, 35 aircraft leasing firms are managing 372 aviation assets, while 36 ship leasing entities have 34 vessels under their belt.

    This growth is accompanied by a massive commitment to talent. Major global firms including Deloitte, PwC, Wipro, and HCL Technologies have announced significant job creation plans. Total incremental employment potential is projected to exceed 136,000 jobs by 2030 as commercial and residential infrastructure expands.

    GIFT City distinguishes itself through “deep engineering” rather than just surface-level development. It features India’s first fully integrated underground utility tunnel, district cooling systems, and automated waste collection.

    To support the “Live, Work, Thrive” philosophy, the city is expanding its social infrastructure with:

    Two additional metro stations and intelligent traffic systems.
    International schools, a destination mall, and a central park.
    7,500 planned residential units by 2030.

    The ecosystem is further bolstered by the presence of international branch campuses from Deakin University, University of Wollongong, and Queen’s University Belfast. Additionally, a dedicated Fintech Innovation Hub, launched in early 2025, has already onboarded 37 startups and trained over 400 participants, ensuring a steady pipeline of innovation and skilled professionals.

    Through a combination of regulatory ease—such as the Unified Licensing system—and strategic global outreach from Davos to Hong Kong, GIFT City is firmly established as India’s premier jurisdiction for global financial operations.

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  • Pasenture Technologies Strengthens InsurTech Focus; Plans to Scale BimaBook as Digital Platform for Insurance Brokers

    Pasenture Technologies Strengthens InsurTech Focus; Plans to Scale BimaBook as Digital Platform for Insurance Brokers

    New Delhi [India], March 28: Pasenture Technologies Pvt. Ltd., an InsurTech-focused SaaS company incorporated in November 2022, is sharpening its focus on India’s insurance distribution ecosystem, positioning its flagship platform, BimaBook, as a scalable digital operating system for insurance brokers and intermediaries.

    The company develops customized software solutions and SaaS platforms for insurance agents, corporate agents, brokers, and distribution networks. Its technology is designed to simplify policy management, automate commissions, centralize data, and enable real-time reporting through multi-level login and role-based access systems.

    Pasenture stated that its approach goes beyond conventional software development by closely studying manual processes, compliance requirements, and reporting gaps within insurance businesses. The company builds workflow-driven systems aimed at reducing processing time, improving operational transparency, and enhancing overall efficiency.

    BimaBook, the company’s core SaaS product, supports end-to-end insurance workflow management with 24×7 secure cloud access, automated reporting, and structured data management. The SaaS model allows insurance intermediaries of varying sizes to adopt scalable and cost-effective digital infrastructure.

    As part of its expansion roadmap, Pasenture plans to introduce AI-based renewal prediction, smart commission reconciliation, automated compliance tracking, and broker performance analytics within the BimaBook platform.

    With insurance identified as its flagship growth engine, the company aims to transition from a traditional IT services provider into a vertical InsurTech SaaS platform company with recurring revenue streams. It is also exploring international expansion opportunities across Canada, the Middle East, and Southeast Asia.

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  • Kratikal Tech Limited Received In-Principle Approval From BSE

    Kratikal Tech Limited Received In-Principle Approval From BSE

    Mumbai (Maharashtra) [India], March 27: The Bombay Stock Exchange (BSE) has approved the Draft Red Herring Prospectus of Kratikal Tech Limited for IPO. The company is going public through an IPO to Invest in Threatcop FZ LLC, UAE and Threatcop AI Inc, USA for expenditure towards sales &marketing activities and development of workforce resources, Investment in product development and cover general corporate purposes. The company has plan to issue up to 30,00,000 equity shares, each with a face value of ₹10 in the forthcoming IPO.

    About Kratikal Tech Limited:

    Kratikal Tech Limited is an AI driven, Software-as-a-Service based cybersecurity company protecting more than 638 clients with a workforce over 184 skilled professionals.

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