Category: Business

  • QAD | Redzone Accelerates India Momentum with 20-Year Anniversary and Next-Gen Intelligent Manufacturing Vision

    QAD | Redzone Accelerates India Momentum with 20-Year Anniversary and Next-Gen Intelligent Manufacturing Vision

    Mumbai (Maharashtra) [India], December 17: QAD | Redzone, the company redefining manufacturing execution with intelligent, adaptive cloud solutions, today marks 20 years of operations in India and announces the next generation of its manufacturing platform, led by Champion AI, at Champions of Manufacturing India 2025.

    The milestone celebrates two decades of deep partnership with India’s manufacturing ecosystem—while signalling a decisive shift toward the future of manufacturing: faster, more resilient, and powered by intelligent action at the frontline.

    Lauded as a cornerstone event for industry innovators, Champions of Manufacturing India 2025 brought together thought leaders, factory operators, and technology strategists to witness firsthand how digital transformation is rapidly changing the trajectory of modern manufacturing.

    At its core, QAD | Redzone has evolved from a software provider into a System of Action — a cohesive blend of people, processes, and data designed to empower manufacturers to move with precision and pace. This transition reflects a broader shift in industrial technology, where real-time intelligence and actionable insights are becoming indispensable for competitiveness in a world marked by supply chain flux and labor dynamics.

    Two Decades of Partnership and Progress

    Since entering the Indian market, QAD | Redzone has worked with manufacturers across sectors, including automotive and industrial machinery, food & beverage, and life sciences. These collaborative efforts have helped enterprises scale operations globally, modernise legacy processes, and adapt to evolving market dynamics. Over this period, India has grown from a key regional market into a strategic hub for innovation and engineering, significantly influencing the company’s global product roadmap.

    “Completing 20 years in India is a reflection of the trust and long-standing partnerships we’ve built with Indian manufacturers,” said Sanjay Brahmawar, CEO of QAD | Redzone. “As manufacturing enters its most critical decade, our focus is clear: deliver practical, high-impact innovation that helps manufacturers move faster, empower their people, and execute with confidence.”

    Unveiling the Future: Champion AI and Beyond

    During the event, QAD | Redzone unveiled its evolved Intelligent Manufacturing Platform, anchored by three core pillars that promise to redefine how manufacturers operate:

    • Adaptive ERP: A flexible digital backbone engineered for agility, scalability and measurable business value, enabling companies to respond faster to changing demands.

    • Redzone Connected Workforce: Solutions aimed at empowering frontline teams with intuitive tools to enhance productivity, engagement and quality right at the point of action.

    • Champion AI: A cutting-edge suite of agentic AI capabilities that amplifies human decision-making, orchestrates task execution, and generates actionable insights across the manufacturing lifecycle — all designed to accelerate outcomes and automate repetitive tasks.

    This triumvirate of innovation is positioned to help manufacturers modernise at Champion Pace — delivering swift, tangible improvements without the disruption and risk often associated with traditional system overhauls.

    Champion AI, in particular, has garnered attention for its role in augmenting the frontline workforce rather than replacing it. Built to provide predictive guidance, automated recommendations, and proactive problem resolution, the platform infuses intelligence where it matters most: in everyday shop-floor decisions that impact throughput, quality, and operational resilience.

    QAD

    A Strategic Indian Engine of Innovation

    In remarks delivered from the conference stage, Rajeev Purohit, General Manager of India & Head of Engineering at QAD | Redzone, emphasized the importance of India as a key contributor to the company’s global innovation narrative. Rather than functioning solely as a regional sales market, India now stands as a central engineering and product development hub, helping shape solutions that are deployed around the world.

    This shift reflects a broader trend in the tech industry, where global companies increasingly look to India’s deep talent pool to drive cutting-edge innovation. For QAD | Redzone, this means that solutions coming out of its Indian teams play an integral role in advancing the company’s global product portfolio and Intelligent Manufacturing Platform strategy.

    Transformational Impact Across the Manufacturing Ecosystem

    Manufacturers today face unprecedented challenges, including supply chain disruption, workforce shortages, and rising cost pressures. Against these headwinds, QAD | Redzone’s platform positions companies to adapt faster and operate more intelligently — turning data into decisive action rather than static reports.

    “India has been central to QAD | Redzone’s engineering excellence and innovation journey,” said Rajeev Purohit, GM India & Head of Engineering, QAD | Redzone. “As we launch this next generation of solutions, India will continue to play a pivotal role in building, scaling, and delivering products that power manufacturers around the world.”

    Industry analysts have also taken note of this shift toward agentic AI and action-centric systems that accelerate value in measurable timeframes. By embedding AI into operational workflows, QAD | Redzone aims to help manufacturers move beyond traditional ERP constraints and unlock productivity gains that once seemed out of reach.

    Looking Ahead

    As the manufacturing landscape continues to evolve, India’s role as both a growth engine and innovation partner positions QAD | Redzone for sustained expansion. With a renewed commitment to customer success and technology leadership, the company’s next chapter is defined not only by anniversaries but by real, measurable impact across industrial ecosystems.

    In celebrating two decades of progress, QAD | Redzone isn’t just marking a milestone — it’s reinforcing a vision where intelligence, adaptability, and human-centric innovation converge to shape the future of manufacturing worldwide.

    For more information, please visit: https://www.qad.com/

  • Arnifi, a global setup and management platform announces the launch of its new Management Development Program ‘Arnifi 25 under 25’

    Arnifi, a global setup and management platform announces the launch of its new Management Development Program ‘Arnifi 25 under 25’

    The company plans to recruit talent from top Indian institutes such as IITs, IIMs, NID, NLU and other premium institutes

    Bangalore (Karnataka) [India], December 17: Bangalore, India-based Arnifi, a multinational AI powered global entity setup and management platform, announced the launch of its new Management Development Program ‘Arnifi 25 Under 25’. Under this program, Arnifi will recruit high potential talent from India’s leading institutions such as IITs, IIMs, NID, NLU’s. The Program is designed to identify, train and fast track extraordinary young professionals from these institutions with a focus on leadership development, digital transformation and AI future ready talent. The company has recently expanded its global footprint, which includes Middle East, the United States, Singapore, India and other emerging markets.

    Arnifi 25 Under 25 will bring together participants from the technology, business, design and law domain. The program includes real-world problem solving, strategic exposure and multi-functional rotations across Arnifi’s core verticals. As companies worldwide increasingly integrate AI into their daily operations, the demand for young professionals who can combine technology and business skills continues to rise. Every participant in this program will work on a dedicated AI project, receive a stipend of INR 1 lakh per month and gain international travel exposure. Up to 50% of the cohort may also receive pre-placement offers based on performance. Selected candidates will work on live projects that influence Arnifi’s global operations and gain a complete view of how a modern expansion tech company builds and scales.

    Commenting on the launch of the new program, Mr. Manu Midha, the Founder of the company, said, “Arnifi 25 Under 25 reflects our belief that great companies are built on great talent – that too campus talent. We want to create leaders who have the hunger, the clarity and the courage to take on global challenges and build at scale, and nothing better than going to top colleges for the same.”

    The program also offers mentorship from Arnifi’s founding team and exclusive sessions and interactions with top founders, CEOs and operators. Those who excel in the program will be offered long-term roles in Arnifi’s international operations.

    Arnifi today works with businesses across the UAE, United States, Singapore and Saudi Arabia, Qatar, Oman, and other emerging markets. The company continues to expand its footprint as more businesses choose Arnifi to guide their global setup and growth. The new program supports this journey by building a strong pipeline of young leaders who can contribute to Arnifi’s work across these regions.

    About Arnifi:

    Arnifi is an AI-driven global entity setup and management platform that helps businesses establish and manage legal entities across international markets. The platform offers end-to-end support for incorporation, compliance, licensing, banking coordination and governance. Arnifi currently operates in the UAE, United States, Singapore, Saudi Arabia, Qatar, Oman and has enabled more than 500 companies to expand globally. With its tech-enabled approach, Arnifi simplifies global expansion for startups and SMEs by providing fast, accurate and reliable cross-border solutions.

    For more information, please visit www.arnifi.com.

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  • Banganga Paper Industries Ltd Welcomes Mr. Venkatesh Prabhu and Mr. Ravindranathan M as New Independent Directors

    Banganga Paper Industries Ltd Welcomes Mr. Venkatesh Prabhu and Mr. Ravindranathan M as New Independent Directors

    Nasik (Maharashtra) [India], December 17: Banganga Paper Industries Ltd, a leading manufacturer of eco-friendly paper products based in Ramshej (Ashewadi), Nasik, has announced the appointment of Mr Venkatesh Prabhu and Mr Ravindranathan M as independent directors. The decision was approved during the company’s board meeting on December 16, 2025, as detailed in a filing with the Bombay Stock Exchange (BSE).

    The appointments will take effect immediately from December 16, 2025, and span a five-year term, pending ratification by shareholders at the next general meeting.

    Mr Venkatesh Prabhu brings more than 40 years of expertise in the engineering, procurement, and construction (EPC) sectors for breweries, distilleries, and ethanol plants. As the founder and chairman of VP Global Holdings Pvt Ltd, the seasoned engineer has occupied key leadership roles at prominent firms, including United Breweries Ltd, Shaw Wallace & Company Ltd, the Belawadi Group, and Yuksom Breweries Pvt Ltd.

    Mr Ravindranathan M, a veteran brewery consultant with over 50 years in the industry, offers deep insights into brewery operations, production, quality assurance, and international project management. Holding a degree in chemistry, he has held senior positions at major organisations such as the United Breweries Group, the Shaw Wallace Group, the Sona Group in Nigeria, and Champion.

    Key Highlights:

    • Venkatesh Prabhu and Ravindranathan M join as independent directors of Banganga Paper Industries Ltd.
    • Their five-year tenure begins December 16, 2025, subject to shareholder approval.

    Strategic Benefits of the Appointments

    These appointments strategically bolster Banganga Paper Industries Ltd’s board by infusing expertise from process-intensive industries that complement the company’s focus on sustainability and efficiency.

    Venkatesh Prabhu’s EPC background in ethanol and distillery projects will support potential expansion initiatives.

    Ravindranathan M’s proficiency in quality management and operational revival will drive improvements in production processes, capacity utilisation, and new product innovation.

    Overall, their combined experience will strengthen strategic planning, project execution, and risk management, positioning Banganga for accelerated.

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  • PixAI Technologies Partners with Orbit Capital to Support Global Expansion of Multi-Vertical AI Platforms

    PixAI Technologies Partners with Orbit Capital to Support Global Expansion of Multi-Vertical AI Platforms

    New Delhi [India], December 17: PixAI Technologies LLP, an India-based artificial intelligence technology company, has announced a strategic investment and advisory partnership with Orbit Capital Inc. (https://orbitcapital.net), a global investment and advisory firm led by entrepreneur and investor Jason Butcher.

    The partnership establishes a long-term collaboration focused on strategic guidance, governance, and international market readiness. It also includes a planned strategic investment, subject to customary regulatory approvals and completion of applicable compliance processes.

    The alliance comes as PixAI Technologies advances the international rollout of its applied and creative AI platforms, developed in India and designed for global adoption.

     Flagship Platform and Product Focus

    PixAI Technologies’ portfolio includes FreePixel (https://freepixel.com), an AI-powered creative microstock and design platform built in India under the Make in India initiative. The platform enables creators, startups, agencies, and enterprises to access AI-driven content creation, discovery, and monetisation tools.

    In parallel, PixAI Technologies is developing additional AI platforms and infrastructure, including vertical-focused solutions and white-label AI capabilities for enterprises and digital platforms. This multi-vertical approach positions the company as an AI platform and infrastructure business rather than a single-product venture.

    PixAI Technologies and Cogniate Collaborate on AI-Powered Education and Learning Platforms

    PixAI Technologies is also engaged in a strategic venture with Cogniate.AI, an AI-powered course creation platform focused on accelerating digital education and enterprise learning through artificial intelligence.

     Leadership and Strategic Support

    PixAI Technologies is led by a team with deep experience across technology, product development, and global go-to-market execution. The leadership includes Abdul Qabiz, Co-Founder and Chief Technology Officer, a former Adobe engineer with more than 27 years of experience in software architecture, platform engineering, and AI systems, and Mohammad Abid, Chief Marketing Officer, who brings over two decades of experience in brand building and international market strategy.

    Orbit Capital will advise PixAI Technologies on strategic planning, governance, and international market expansion as the company enters its next phase of growth.

    “This partnership reflects a shared focus on building scalable AI platforms with global relevance,” said Abdul Qaiyoom, Founder and Chief Executive Officer of PixAI Technologies LLP. “Orbit Capital brings international perspective and strategic depth as we scale our platforms responsibly beyond India.”

    Orbit Capital’s Involvement

    Orbit Capital Inc  is led by Jason Butcher, a global entrepreneur, investor, and advisor with more than three decades of experience across fintech, digital payments, technology platforms, and emerging innovation ecosystems. Based in the Cayman Islands, Butcher has advised and invested in companies across multiple regions, supporting leadership teams through scale, governance, and cross-border expansion.

    “PixAI Technologies has developed a clear multi-vertical strategy and a strong technical foundation,” said Jason Butcher, Founder of Orbit Capital Inc. “We see meaningful potential in supporting the company as it builds AI platforms designed for international adoption.”

    About PixAI Technologies LLP

     PixAI Technologies LLP is an India-based artificial intelligence technology company building multi-vertical AI platforms across creative intelligence, applied AI solutions, and enterprise AI infrastructure. The company focuses on enabling creators, startups, and enterprises to scale through intelligent automation and AI-driven digital solutions.

    About Orbit Capital Inc

     Orbit Capital Inc. is a global investment and advisory firm led by entrepreneur and investor Jason Butcher. The firm supports high-growth technology companies through strategic advisory, governance support, and access to international networks.

    Media enquiries:
    Media Kit:
     https://pixelaitech.com/press-and-media/

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  • Sumit Woods Limited Appointed as Developer for Redevelopment of Pruthvi Enclave CHS Ltd. Borivali (East)

    Sumit Woods Limited Appointed as Developer for Redevelopment of Pruthvi Enclave CHS Ltd. Borivali (East)

    Mumbai (Maharashtra) [India], December 17:  Sumit Woods Limited, a legacy name in real estate, has been officially appointed as the developer for the redevelopment of Pruthvi Enclave Co-operative Housing Society Ltd., located in Borivali (East).

    The project benefits from strong strategic connectivity within Mumbai’s western suburbs. Situated close to Magathane Metro Station, diagonally opposite Sky City (Oberoi Mall), and with direct access to the Western Express Highway, the site offers efficient north–south connectivity along with proximity to key commercial, retail, and lifestyle hubs.

    Under the wing of Mr Bhushan Nemlekar, a next-generation Harvard Business School Exec. MBA holder, the Sumit Group has evolved into one of the established real estate developers in Mumbai and Goa. With over 39 years of industry experience, the Group has completed more than 64 projects, fostering growth for over 6,000 of families and contributing to Mumbai’s urban transformation. The group is known for its masterful engineering, construction quality, and consistent project execution.

    Sumit Woods Limited is increasingly viewed as a thought leader in the redevelopment space, with a focus on transforming ageing housing societies into modern, sustainable living environments supported by contemporary amenities, improved safety standards, and upgraded infrastructure.

    5+ Recent and ongoing developments include Sumit KMR Param in Borivali (West), Hedavkarvadi in Prabhadevi, Sumit Star Exclusif in Bhayandar, Brothers Society in Mahim and Bhaktisudha in Santacruz, marking the completion of 45 lakh sq. ft. in development and 15 lakh sq. ft. in pipe lining.

    Looking ahead, Sumit Woods Limited is expected to launch multiple residential and commercial redevelopment projects across key western Mumbai micro-markets such as Borivali, Malad, Dadar, Vile Parle, Mahim, and Bhandup. The company currently has a robust order book value of more than 3000 crores. These developments underscore the Group’s long-term vision of reshaping Mumbai’s urban landscape while enhancing resident quality of life and reinforcing its presence in the MMR real estate market.

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  • BE Hub Hosts India x Spain Entrepreneurial Dialogue with Mondragon University & LEINN Program Delegation

    BE Hub Hosts India x Spain Entrepreneurial Dialogue with Mondragon University & LEINN Program Delegation

    Pune (Maharashtra) [India], December 17: BE Hub successfully hosted an international entrepreneurial exchange, welcoming a member-founder delegation from Mondragon University and the LEINN Program (Spain) for a dynamic India × Spain Entrepreneurial Dialogue. The day-long interaction brought together young founders, innovators, and ecosystem enablers to share ideas, experiences, and opportunities for cross-border collaboration.

    The dialogue featured diverse startup concepts spanning AI-driven nutrition and skin technology, education platforms, wellness solutions, retail innovation, and global startup bridge models. Founders from both ecosystems presented their journeys, challenges, and learnings, creating a meaningful two-way exchange rooted in openness, curiosity, and cultural understanding.

    “This was not a traditional conference—it was a conversation between ecosystems,” said a BE Hub spokesperson. “The exchange highlighted how founders from different geographies approach problem-solving, innovation, and scale, while discovering shared ambitions to collaborate globally.”

    Key Highlights of the Exchange:

    • Cross-cultural founder interactions exploring new approaches to innovation and problem-solving
    • Exposure for Spanish founders to India’s entrepreneurial pace, market scale, and energy
    • Fresh global perspectives for BE Hub’s founder community
    • Early conversations on co-creating solutions across AI, wellness, retail, and education

    The event underscored BE Hub’s commitment to fostering global learning, collaboration, and founder-first ecosystems by enabling international exposure and partnerships.

    BE Hub extended a special thanks to the Mondragon Team Academy (MTA World) team and the participating LEINN founders for their active engagement, thoughtful discussions, and collaborative spirit throughout the day.

    As BE Hub continues to build bridges between global startup ecosystems, the organization looks forward to hosting more such international exchanges that empower founders with new perspectives, shared learning, and lasting global connections.

    About BE Hub
    BE Hub is a founder-focused innovation and accelerator ecosystem dedicated to nurturing entrepreneurship through mentorship, collaboration, and global exposure. The platform enables startups to learn, grow, and scale by connecting them with industry leaders, investors, and international ecosystems.

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  • Dachepalli Publishers Limited Announces IPO to Strengthen K–12 Educational Publishing and Digital Learning Ecosystem

    Dachepalli Publishers Limited Announces IPO to Strengthen K–12 Educational Publishing and Digital Learning Ecosystem

    Hyderabad (Telangana) [India], December 17: Dachepalli Publishers Limited, a Hyderabad-based K–12 educational publishing company with over a century-old legacy, has announced the launch of its Initial Public Offering (IPO) comprising a Fresh Issue of 39,60,000 equity shares of face value ₹10 each. The Offer will open for Anchor Investors on Friday, December 19, 2025, and for the public on Monday, December 22, 2025, closing on Wednesday, December 24, 2025. The equity shares are proposed to be listed on the BSE SME Platform, with a tentative listing date of December 30, 2025.

    Issue Structure and Details

    Issue Type: Book Built Issue

    Price Band: ₹ 100 – ₹ 102 per equity share

    Lot Size: 1200 equity shares and multiples thereof
    Book Running Lead Manager: Synfinx Capital Private Limited
    Registrar to the Issue: Bigshare Services Private Limited
    Market Maker: JSK Securities & Services Private Limited

    IPO Allotment & Investor Reservation

    The total offer comprises up to 39,60,000 equity shares, proposed to be allocated as follows:

    • Not more than 50% for Qualified Institutional Buyers (QIBs)
    • Not less than 15% for Retail Individual Investors
    • Not less than 35% for Non-Institutional Investors
    • Up to 60% of the QIB portion may be allocated to Anchor Investors

    The basis of allotment is expected to be finalized on December 26, 2025, and the shares are expected to be credited to investors demat accounts shortly thereafter.

    Utilization of Net Proceeds

    The Net Proceeds from the Issue are proposed to be used for the following objects:

    1. Repayment/prepayment of all or certain of our borrowings – up to ₹600.00 Lakhs
    2. Funding of working capital requirements – up to ₹2500.00 Lakhs
    3. General corporate purposes

    Business Overview

    Founded in 1908 and incorporated in 1998, Dachepalli Publishers Limited is a Hyderabad-based K–12 educational publishing company engaged in the development and publication of curriculum-aligned textbooks, workbooks, and supplementary academic materials across Pre-Primary, Primary, and Secondary education. The Company has a portfolio of 600+ titles aligned with CBSE, ICSE, and State Board curricula, serving private and semi-private schools with student strength ranging from 100 to over 50,000, aligned with NEP 2020 and NCF guidelines.

    The Company operates a 75,000 sq. ft. centralized publishing and in-house printing facility, along with an owned 30,000 sq. ft. warehouse, enabling control over printing, storage, and nationwide distribution, with approximately 85% of printing undertaken in-house. It has established presence across 10 States / UTs through a network of 300+ distributors, with a strong presence in South India and expanding reach across India.

    Key Strengths

    • Established Educational Publisher: Over a century-long legacy with sustained relevance in the K–12 segment.
    • Exclusive K–12 Focus: Dedicated focus on school education supports curriculum depth and consistency.
    • In-House Printing Capability: High level of internal printing supports quality assurance and cost control.
    • Wide Distribution Network: Multi-state presence supported by an extensive distributor base.
    • Experienced Promoter-Led Management: Leadership with deep industry understanding and execution capability.

    Disclaimer: This is a press release for informational purposes only and should not be considered a substitute for professional advice or decision-making. Investing in stocks includes financial risks, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified advisor before making any decisions.