Category: Business

Bengaluru (Karnataka) [India], September 27: Stonefield, one of the fastest-growing multinational flavour companies, made an impressive impact at Fi India 2024, held from September 25-27 at BIEC, Bangalore. Known for its speed, creativity, and industry-leading taste innovations, Stonefield presented a delightful and insightful taste experience that captivated F&B manufacturers, industry professionals, and visitors alike.

At the core of Stonefield’s participation was a remarkable showcase of their newest flavour innovations, hyperlocal consumer insights, and exclusive gourmet taste experiences, all underscoring their commitment to providing value-driven taste solutions to food and beverage manufacturers.

Line up of Events

On 25 September, Mr. Ravi Jayawardana, CEO of Maliban Group, inaugurated the Stonefield stall. The same day, Stonefield’s Exotic Portfolio was launched, presenting a range of 15 international flavour profiles designed to elevate snack seasonings and more.

The following day, Simon George, President of Cargill India, joined Stonefield for the Grand Showcase of the Indian Ethnic Portfolio and the Unveiling of the Ethnic Drinks of Asia Report. This report offered valuable insights into popular traditional beverages across Asia, including iconic drinks like Jigarthanda, Teh Tarik, and Vietnamese Egg Coffee. It offers modern inspirations rooted in tradition to beverage manufacturers seeking to tap into growing global trends.

Sandeep Devgan, CEO of Stonefield, shared, “At Stonefield, we believe in creating the taste of togetherness by blending creativity, innovation, and collaboration. Each flavour crafted by our Dream Team is a shared experience aimed at delivering delightful flavours that shape the future of taste.”

Value-Driven Solutions for F&B Manufacturers

Throughout the three-day event, stonefield’s diverse portfolio of flavour kits across categories such as dairy, brown, fruit, and nut were major attractions. The standout offerings included Chocolatius, premium cocoa-extract-based flavours from the world’s finest cocoa, Aamrut, range of exquisite Indian mango flavours for beverages and more and Serene- finest flavours for tea, each providing unique flavour profiles that can drive various taste innovations in the industry.

Additionally, stonefield showcased its expertise in bakery, beverage, confectionery, savoury, alcoholic beverage flavours etc highlighting how their Dream Team approach ensures seamlesss collaboration with manufacturers to deliver creative, high-impact solutions.

Stonefield leveraged its insights-driven application expertise to present gourmet taste experiences like no other across its four immersive experience counters: Oven, Farm, Candyland, and Spice Box. Some of the standout taste creations that captivated customers included the decadent Belgian Cookie Brownie, nostalgic Coconut Vintage Cookie, refreshing Mango Mastani and uniquely spiced Desi Ginger Caramel ice cream. Additionally, savoury delights like the rich Cheesy Beer Soup, adventurous Kimchi Fusion Chips, and indulgent Indian sweets-inspired Mithai Fudge provided an eclectic range of gourmet tasting experiences.

Company Profile:  Stonefield flavours

One of the fastest-growing multinational flavour companies, Stonefield Flavours thrives on its speed to market leadership and creative taste solutions. With creativity at the heart of everything we do, we continuously inspire and enable our customers to serve exciting, new tastes. Our exclusive focus on flavours and taste solutions allows us to bring together centuries of combined technical expertise to become the trusted taste partner for leading FMCG companies worldwide.

At Stonefield, we follow an insights-backed, applications-driven model to craft flavours that shape the future of taste. From ideation and consumer insights to product development, sensory evaluation, market research, and scale-up support, we work across all these fronts to be the complete taste partner. Embracing responsible sourcing, we carefully select ingredients to craft flavours that not only delight the palate but also nurture the planet, envisioning a sustainable future.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Bangalore (Karnataka) [India], September 27:  ITC Sunfeast Baked Creations, after making a strong mark in the food-delivery space with a popular range of Croissants and Pull-Apart Bagels, today announced the launch of its first Bakery Café at the FabIndia Experience Store in Whitefield, Bangalore. This launch marks a significant milestone in the brand’s journey from a cloud-kitchen bakery to an omnichannel brand, bringing an elevated bakery café experience to Bangaloreans.

This thoughtfully designed café brings a premium culinary experience to Bangaloreans with a curated selection of products, including Croissants & Sandwiches, Pull-Apart Bagels & Bagel Toasties, Desserts & Pastries and Celebration Cakes, each crafted by culinary experts of ITC with top-quality ingredients and tailored to the Indian palate. These baked delicacies are served with ITC’s Sunbean Gourmet Coffee, elevating the culinary experience of diners.

Shreyanka Patil, an Indian Cricketer and avid foodie graced the occasion as the Chief Guest. She expressed her delight with the association, “I am glad to be associated with a brand whose products I have tried many times and absolutely love! My favourites are Frangipane Almond Croissant, Dark Fantasy Chocofill Croissant and Trinity Ganache Pastry. I recommend everyone to definitely try these.”

Rohit Bhalla, Food-Tech Business Head at ITC Limited, expressed his enthusiasm about the launch, “This café is more than just a new location; it represents ITC Sunfeast Baked Creations’ commitment to bring the ‘World of Bakery’ to Indian consumers, elevating their experience of the category to global standards. Our Croissants and Pull-Apart Bagels have already garnered great popularity through the delivery channel and the launch of this café will give a fillip to our plans to bring many more exciting innovations in the bakery category. This new café is not just another addition to the city’s dining scene; it is a testament to ITC Sunfeast Baked Creations’ evolving vision and dedication to offering exceptional experiences to its customers and café enthusiasts across the city.”

With a seating capacity of up to 30 guests, the café promises to be the perfect destination for both intimate gatherings and larger celebrations, offering a delightful environment for customers to indulge in ITC Sunfeast Baked Creations’ exclusive range of products.

Looking ahead, ITC Sunfeast Baked Creations plans to expand its bakery café presence in Bangalore with future locations in MG Road and Jayanagar, as well as potential expansion into Chennai. These upcoming locations will continue to build on the brand’s vision of elevating the bakery experience for its customers.

ITC Sunfeast Baked Creations | Address: FabIndia Experience Store, near Corner House, Whitefield, Bangalore.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

New Delhi [India] September 26: In a groundbreaking move, TaxSpanner and KarmaLife have partnered to streamline the tax refund process for gig workers associated with major delivery and mobility platforms. This collaboration aims to simplify the recovery of Tax Deducted at Source (TDS) by gig platforms, typically at the rate of 1-2% of worker earnings, for an emerging worker segment estimated to reach 30 million by the end of the decade.

Launched in July 2024, the service has already reached over 10,000 gig workers and seen a 98% filing-to-refund rate with an average refund value of nearly Rs 4000, which constituted a quarter of the average gig worker’s monthly take-home earnings. The solution combines a self-serve digital data validation flow with on-call assistance to enable quick tax filings and refund processing with minimal documentation and maximum time efficiency. KarmaLife’s existing userbase and employer data integrations enable access to gig workers and their consented relevant data, whereas TaxSpanner’s ERI status facilitates linkage to the IT portal and its certified tax filing experts versed in major regional languages.

Gig workers are notoriously time-constrained and weary of what is perceived to be a cumbersome tax filing process. A majority remain unaware of the opportunity to claim refunds and are not even registered with the Income Tax Department. Those who file taxes typically pay arbitrary and exorbitant fees to financial intermediaries and small accountants. This partnership offers an affordable, optimised, transparent and secure solution for these workers to comply with Government requirements and reclaim a significant portion of their income. It also helps educate contractual workers by demystifying the tax process with a simpler presumptive income-based tax calculation (under sections AD, ADA and AE of the IT Act), which applies specifically to them and empowers them to control their finances.

One beneficiary with a participating enterprise mobility platform clarified:  “We’ve benefited greatly from this initiative. We were unsure how to file for ITR to claim our TDS, which was deducted every month. The KarmaLife team educated us through the process and helped us file our return. Thanks to their solution, we were able to complete the filing in a day using just a few documents and WhatsApp texts. The entire process was completed smoothly and I got a refund of Rs 8500.”

Multiple gig platforms across delivery logistics, ride-sharing and home services have partnered on this initiative, recognising the positive impact it will have on their partner workforce.

According to Rohit Rathi, CEO of KarmaLife: “Our collaboration with TaxSpanner has been a game-changer for the gig economy. We are thrilled to see so many benefits from a streamlined and user-friendly tax refund process. It’s a step towards greater financial security for this essential workforce.” Sudhir Kaushik, CEO of TaxSpanner, echoed: “This partnership sets a new standard in the gig economy, providing critical financial relief and education to those who need it most. We are excited to see its positive impact and look forward to expanding this model to benefit even more workers.”

As the gig economy continues to grow, this partnership serves as a model for future initiatives aimed at supporting workers in similar sectors. By offering additional resources and guidance on tax filing for both platforms and their workers, TaxSpanner and Karma Life are committed to improving the financial well-being of gig economy workers.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Ahmedabad (Gujarat) [India], September 24: Informa Markets in India, a prominent trade exhibitions organiser, hosted an exclusive roundtable discussion today at The Radisson Blu, Ahmedabad, offering a preview of ‘World of Concrete India 2024.’ The expo for the concrete and construction industry is set to take place from October 16th to 18th, 2024, at the Bombay Exhibition Centre in Mumbai.

The construction industry in India has seen unprecedented growth, rapidly emerging as a global force. It is on track to become the world’s third-largest construction market within the next 2–3 years. Moreover, the Indian construction market is projected to reach a staggering $1.4 trillion by 2025, further strengthening its economic prospects. This rapid expansion is underpinned by government initiatives such as the National Infrastructure Pipeline (NIP), which plans to invest ₹111 lakh crore ($1.5 trillion) by 2025. Currently, over 7,000 projects are already underway, covering critical sectors like energy, roads, railways, and urban infrastructure.

Aligned with this growth, India’s cement sector, which reached 3.96 billion tonnes in 2023, is expected to grow at a CAGR of 4.7%, reaching 5.99 billion tonnes by 2032.

A prestigious panel of industry leaders convened for the roundtable discussion in Ahmedabad, featuring Dr. Maulik Ranka, Director, Zydex Industries; Mr. Kaustubh Phadke, India Head, Global Cement Concrete Association; Col Dr. Gaurav Singh, Technology Advisor; Mr. Jatin Parekh, MD, HROC; Mr. Shailesh Chauhan, Director, CHIR-AYU Controls Pvt. Ltd; Mr. Parth Patel, Production Head, BN Precast; and Mr. Rajneesh Khattar, Senior Group Director, Informa Markets in India. The panel explored the evolving trends in the concrete industry, with a focus on sustainability, green concrete innovation, and regulatory challenges. Collaborative efforts were highlighted as essential to fostering technological advancements and eco-friendly solutions to ensure the sector’s continued resilience and growth.

Building on the success of previous editions, the 10th Anniversary edition of the World of Concrete India is set to be a pivotal event for the construction industry. This year’s exhibition will gather over 15,000 industry professionals and feature more than 300 brands and exhibitors from around the world, including countries such as Germany, Italy, USA, Kuwait, South Korea, Finland, and Japan. Showcasing a wide range of products and technologies related to concrete, masonry, and construction, the event will provide an essential platform for networking, innovation exchange, and professional development. Key attendees will include contractors, sub-contractors, purchasing and construction managers, project managers, architects, consultants, structural and civil engineers, as well as buyers from real estate, government, municipal authorities, and investors.

Centred on the themes of innovation and sustainability, World of Concrete India 2024 will feature an extensive three-day knowledge forum and conference. Topics will range from digital transformation to sustainable construction techniques, with activities including an inaugural ceremony, panel discussions, exclusive CEO and CTO conclaves, a Women in Construction session, product showcases, masterclasses, B2B meetings, and specialized pavilions. The event will also recognise industry achievements with prestigious awards, fostering a culture of excellence and forward-thinking innovation.

Dr Moulik Ranka, Director, Zydex Industries, said, “Zydex Industries is excited to participate in the the World of Concrete show for a second year in a row. We are the first Indian company to introduce silicate-based mineral paints to the market. The difference between silicate paints and existing acrylic coatings is that you are essentially replacing a layer of plastic (acrylic paints) with a layer of durable, brilliantly coloured stone. Silicate paints are composed of microscopic quartz crystals as the main binder that allow their durable mineral pigments to shine through with unmatched brilliancy while preserving the breathability of your structure. Mineral paints have a service life measured in decades instead of merely years, enhancing the sustainability of your building and bringing down life cycle costs. 

Mr. Kaustubh Phadke, India Head, Global Cement and Concrete Association (GCCA) said ” Concrete is the second most used substance on Earth after water, highlighting its importance in our lives. Its durability and ability to withstand disasters and its long lifespan make it essential for construction. Concrete also absorbs CO2 from the atmosphere during its life, acting as a carbon sink. With the development of low-carbon concrete, its benefits will only grow. GCCA India is actively working on defining low-carbon concrete and advocating for concrete as a sustainable material. We wish the World of Concrete India event great success, as it provides an excellent platform for advancing discussions on sustainable concrete.

Dr Gaurav Singh, Technology Advisor, said, “Digital Twins and AI applications in the construction industry are transformative tools that will exponentially accelerate our nation’s progress. The Middle East, the US, and the EU have already adopted these technologies extensively across the entire project lifecycle, from planning to operations. Dubai, for example, operates entirely on a Digital Twin, and cities like Neom in Saudi Arabia utilize AI and Digital Twins to enhance efficiency, safety, security, and effectiveness while reducing costs and manpower for routine tasks. In August 2023, the Ministry of Road Transport and Highways (MoRTH) launched the ‘National Policy on Digital Twin,’ with Hon. Minister Mr. Gadkari leading the initiative to drive the adoption of these technologies in India’s construction industry.”

Mr. Rajneesh Khattar, Senior Group Director, Informa Markets in India, said, “Mumbai remains the central hub for the western region’s construction sector; however, Gujarat has emerged as a significant contributor, with over 40 to 45 companies from the state participating in our exhibition this year, a notable increase from previous edition. These companies span the entire value chain, including cement, ready-mix concrete, construction chemicals, and equipment. Gujarat’s companies represent a growing segment of the industry, accounting for about 18-20% of the total market share in the region. The state’s innovative approach is evident through the adoption of advanced technologies, such as 3D printing and sustainable building practices. India’s construction sector, projected to reach at USD 1.4 trillion by 2025 as per Invest India report, is set to grow by 50% in the coming years, bolstered by government initiatives like the National Infrastructure Pipeline and Sagar Mala. With a projected CAGR of 7-7.5%, the industry’s expansion is also driven by a strong emphasis on renewable energy and environmentally conscious practices, reflecting a collective commitment to sustainability in the sector.

Commenting on the announcement of WOC, Mr. Yogesh Mudras, Managing Director, Informa Markets in India said, “As the second-largest producer of cement globally, India contributes over 8% of the world’s installed capacity. The growing infrastructure and construction sectors, fuelled by government initiatives like the Pradhan Mantri Awas Yojana (PMAY) for affordable housing and the PM Gati Shakti National Master Plan, are set to further increase the cement demand. In response, World of Concrete India showcases a solutions-oriented approach, providing a platform for suppliers to actively engage with the entire construction and infrastructure value chain.”

This year, the expo will see participation from brands such as Reliance, Adani Cement, Asian Paints, Ammann, Ardex Endura, Thermax, Honda India, Zydex Industries, Mapei, MYK Arment, UltraTech, and many more. The event will be supported by prominent associations such as the Builders Association of India, the Indian chapter of the American Concrete Institute, RMCMA, and Drycotec – Dry Mortar Association.

In Gujarat, particularly Ahmedabad, the construction boom is evident, with the city playing a crucial role in this sector’s expansion. In the fiscal year 2023-2024, Gujarat attracted a remarkable USD 7.3 billion in Foreign Direct Investment (FDI), marking a 55% increase from the previous year. This surge in investment is driven by key factors such as Gujarat’s industrial infrastructure and business-friendly policies, which have enhanced the ease of doing business.

The construction industry in India spans 250 sub-sectors, with notable contributions from infrastructure projects like the Mumbai-Ahmedabad Bullet Train Corridor, which consumes approximately 20,000 cubic meters of cement daily—enough to build eight 10-story buildings.

Bangalore (Karnataka) [India] September 24: Infrastructure development in India is at a notable high with investments touching over $100 billion level. At the core of this significant transition is a company that has quietly yet firmly established itself: SRJ Piping India

Right from the start, SRJ Piping India has been a stakeholder of determination and vision that has propelled the Bangalore-based company to be a major contributor to the growth of the country with over 1000+ projects across the country in water supply, fire protection, industrial piping, and structural fabrication among others.

Founded in 1985 by visionary entrepreneur Prakash Jadhav, SRJ Group has grown from its humble beginnings as S.R. Jadhav & Co. into a leading name in the industrial services sector. With close to 4 decades of expertise, the company has established itself as a trusted provider in fire fighting, industrial piping, and heavy steel fabrication.

In 2017, SRJ Group expanded its portfolio with the establishment of SRJ Piping India Pvt Ltd, marking a new chapter in its growth. Together, these companies operate under the umbrella brand name – SRJ Group, delivering high-quality services and innovative solutions across industries.

“Quality is non-negotiable for us. It is an all-binding guideline,” says Founder Prakash Jadhav, as he reminiscences on SRJ’s journey. “Whether it’s a small installation or a large-scale infrastructure project, we approach every task with the same level of dedication and attention to detail. Our goal has always been to deliver excellence.”

Piping is a crucial part of India’s ambitious infrastructure projects as it plays an important role in the grassroots structure, from urban development to sanitation and industrial expansions. As of today, SRJ Piping India’s work influences nearly every detail of this growth, offering essential services to ensure the continuous supply of water, gas, and other resources to homes, institutions, and industries.

SRJ Piping has played a key role in developing water treatment plants, fire protection systems, and heavy structural fabrication—each vital to building a sustainable and resilient infrastructure. The company balances modern technology and sustainable practices to deliver solutions that meet current needs while safeguarding the future.

“We are committed to delivering sustainable, cost-effective solutions that benefit both our clients and the environment,” says Sagar Jadhav, Director of SRJ Group, emphasizing the company’s forward-looking approach.

SRJ Piping India offers a comprehensive portfolio of services:

• Fire Protection Systems: Designing and installing reliable fire detection, alarm, and extinguishing systems tailored to businesses’ unique needs.

• Industrial Piping: Offering modern solutions for commercial plumbing and process systems, including material selection, testing, and pipe marking.

• Heavy Structural Fabrication: Custom-designed fabrication projects that prioritize safety, durability, and cost-efficiency.

• Rain Treatment Plants: Infrastructure solutions designed to provide access to clean, safe water while adhering to environmental sustainability practices.

A recent important milestone of SRJ Piping has been the completion of 1,333,800 meters of piping along with the construction of 6,14,134 square feet – which is another testament to the company’s expertise and commitment to delivering large-scale projects with precision and quality.

With over 250 trusted clients, the company has worked with some of the most prestigious brands across India and beyond. Names like Harley-Davidson, Larsen & Turbo, Bosch, Apple, Nestlé, and United Breweries have all looked up to SRJ for their critical infrastructure needs.

As India continues to take a quantum leap into the future, SRJ Piping India provides a strong cushion, ensuring that state-of-the-art solutions support the infrastructure projects shaping the nation’s next chapter.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Highlights

• Riteish-Genelia Brand Ambassadors of NAREDCO Maharashtra’s HOMETHON Property Expo 2024
• Previous year’s phenomenal success attracted 55000 visitors, generating INR 1050 crore committed sales  
• Leading developers and top housing finance companies from Maharashtra will come together under one roof
• Special offers curated only for this property exhibition

Mumbai (Maharashtra) [India] September 24: The National Real Estate Development Council (NAREDCO) Maharashtra is all set to present the third edition of the HOMETHON Property Expo 2024, India’s largest real estate property expo at the JIO World Convention Centre, BKC, Mumbai from October 4 to 6, 2024. The previous year’s phenomenal success attracted 55000 visitors, generating INR 1050 crore committed sales. This year’s event is expected to surpass last year’s figures with an even greater participation across all stakeholders.

Bollywood’s popular and versatile star-couple, Riteish and Genelia Deshmukh are the brand ambassadors for the upcoming third edition of National Real Estate Development Council (NAREDCO) Maharashtra’s ‘HOMETHON Property Expo 2024’

The HOMETHON Expo 2024 will showcase over 1000 top notch projects from Maharashtra’s leading developers. Home buyers will get to choose from an array of properties across segments; be it affordable or luxury housing. These include properties from across Mumbai and MMR as well as Thane, Kalyan, Navi Mumbai, Panvel, Raigad, Mira Road, Vasai, Virar etc. In addition, properties from Pune, Nashik and Nagpur along with second home projects and plotted schemes will also be on display.

Top housing finance companies will showcase attractive home loan offers for potential buyers at this three-day property extravaganza, which will also feature premier real estate brands from across the state.

Property prices on offer will range from Rs. 19 lakhs to 9 crores, providing home buyers with a wide array of options to help them realize their dream of home ownership. To make the process even more appealing, developers are offering incentives such as no stamp duty or registration charges, no GST, no processing fees, immediate benefits, and other festive promotions on selected units.

Commenting on the HOMETHON Property Expo, Mr. Prashant Sharma, President, NAREDCO Maharashtra, says, “We are witnessing an unprecedented surge in home buyer enthusiasm, which is driving a remarkable increase in housing demand. We are excited to host the HOMETHON Property Expo 2024, where we anticipate a substantial boost in home sales. This year’s event will showcase exclusive discounts and Dussehra specials tailored by developers, offering a unique opportunity for buyers to find their ideal homes at exceptional values. I encourage all prospective homebuyers to seize this chance and explore the excellent deals available at HOMETHON Property Expo 2024.”

Dr. Niranjan Hiranandani, Chairman, NAREDCO says, “The housing market is currently experiencing a vibrant surge, fueled by greater job stability, increased disposable incomes, and rising aspirations. Against this backdrop, and with the added excitement of the festive season, this property exhibition is uniquely positioned to help home buyers achieve their long-cherished dream of owning a home.”

Mr. Rajan Bandelkar, Vice Chairman, NAREDCO says, “NAREDCO Maharashtra is dedicated to creating a robust ecosystem marked by trust and transparency, which has significantly bolstered home buyer confidence. This property expo offers an exceptional opportunity for developers to showcase their premium projects and connect with prospective buyers. With exclusive discounted rates and a wide range of options, this event is designed to make the home-buying process more accessible and rewarding for all. We are excited to facilitate this vital connection and support our vision of making home ownership a reality for many.”

Mr. Rajesh Doshi, Secretary, NAREDCO Maharashtra says, “This property expo is poised to drive a significant increase in housing demand. By bringing together developers, home buyers, and key stakeholders under one roof, we aim to streamline the home buying process and enhance the overall experience for everyone involved.”

The HOMETHON Property Expo 2024 will feature a business lounge and networking centers where attendees can engage with industry experts and leaders. To facilitate ease of access, transportation from major locations in Mumbai to the exhibition venue will be provided. Additionally, visitors will benefit from free parking and will have numerous chances to win exciting lucky draw prizes.

Prominent developers scheduled to participate in this event include Hiranandani Group, Godrej Properties, L&T Realty, Runwal Developer, Raunak Group, K Raheja Corp, Raymond Realty, MICL Group, Prestige Group, Transcon Developers, J P Infra, Dynamix Group, ID Group, Atul Projects, Sugee, Kanakia, Srishti Group, GHP Corp, A P Realty, Ajmera Cityscapes, Suraj Estates, Atharva Lifestyles, Platinum Corp, Paradise Group, Roha Group, Raghav Group, Spenta Corp and many others. Housing Finance Companies like State Bank Of India, Tata Capital HFC, ICICI Bank, IDBI Bank, Aditya Birla Capital among others to facilitate home loans at the event.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Bangalore (Karnataka) [India], September 24:Aspirar Sphere Pvt Ltd is excited to share that its flagship product, Veachoc, has been recognized as one of the top 46 startups from an impressive pool of 16,000 entries at the TATA Social Entrepreneur Challenge (TSEC) organized by IIM Calcutta. This accolade highlights Veachoc’s promise to eradicate the pressing issues of iron deficiency and anemia, which impact millions across the country.

Veachoc, a unique chocolate-based product is making strides in addressing a big issue in India’s workforce—iron deficiency and anemia. These conditions can really affect people’s daily lives, leading to lower productivity and trouble focusing, along with more missed workdays. With clinically tested with project studies in animals and humans further developed at CFTRI, a respected research institution, it could boost productivity by 15% to 20% for working women.

The statistics are alarming: nearly 90% of women, around 65% of children, and 25% of men are affected, which contributes to about a 1.2% loss in GDP. Clearly, we need to confront these challenges to improve health and build a stronger workforce.

The TATA Social Entrepreneur Challenge and IIM Calcutta have recognized Veachoc’s innovative approach to this pressing issue, highlighting its potential to truly make a difference. The esteemed recognition is a testament to Aspirar Sphere’s commitment to developing a solution that is both effective and appealing. Veachoc turns iron supplement into a delightful experience, making it easier for people to focus on their health and well-being.

To make a difference, Aspirar Sphere is looking to partner with Self-Help Groups (SHGs) across various states. This collaboration will help ensure that Veachoc reaches those who need it most, especially in remote and underserved areas, fostering better health and wellness where it matters. Veachoc is looking to collaborate with Anemia Mukth Bharath agencies, Lions/Rotary like clubs & SHG/chocolate manufacturing companies who works for anemia eradication to spread the market. They are partnering with NGOs like Rotary club, for the same noble cause.

Mr. Abdul Jaleel, Co-founder of Aspirar Sphere Pvt Ltd, shared his excitement about the recognition from the TATA Social Entrepreneur Challenge and IIM Calcutta “We’re excited to be one of the 46 startups amongst 16000 startups at TSEC conducted by IIM Calcutta. It was an enriching and learning experience. Veachoc reflects our dedication to addressing the urgent issue of iron deficiency and anemia in India. We truly believe our solution can make a real difference in the health and productivity of millions. We’re eager to collaborate with partners like SHGs to ensure that Veachoc reaches everyone who can benefit from it.”

About Aspirar Sphere Pvt Ltd: Aspirar Sphere Pvt Ltd is a pioneering company dedicated to eradicating iron deficiency and anemia in India. Founded by Abdul Jaleel, along with co-founders Ms. Anjum Subhani and Ms. Nujaiba Jaleel, the company has collaborated with doctors, nutritionists, and healthcare professionals to develop Veachoc, a groundbreaking, chocolate-based solution that is poised to revolutionize India’s approach to iron deficiency and anemia. Veachoc is recognized by the NSRCEL unit of (IIM-B), C-CAMP, etc.