Category: Business

  • Innovation Takes Center Stage: Wadhwani Foundation’s Standout Presence at 21BY72 Startup Summit 2024 Signals Bright Future for Indian Startups

    Innovation Takes Center Stage: Wadhwani Foundation’s Standout Presence at 21BY72 Startup Summit 2024 Signals Bright Future for Indian Startups

    • The Foundation’s Booth G-4 was a hub of activity, drawing crowds eager to learn.
    • The “Master Your Startup Story” workshop was a success, inspiring attendees including students, startups, investors, and mentors.
    • Wadhwani Foundation recognized for contributions to fostering the Indian entrepreneurial ecosystem.

    Surat (Gujarat) [India], June 21: The Wadhwani Foundation celebrated a groundbreaking success at the prestigious 21BY72 Startup Summit 2024 India, which took place on June 15th and 16th, 2024, at Avadh Utopia, Gujarat. The Foundation made a significant impact at the event, demonstrating its unwavering commitment to empowering startups and driving economic growth in India.

    At the event, the Wadhwani Foundation made a lasting impact as its booth (G-4) attracted a vibrant crowd of aspiring entrepreneurs and established startups from across Gujarat. Attendees eagerly engaged with the Foundation’s team, learning about its comprehensive suite of initiatives and programs designed to fuel startup growth and success.

    The Foundation’s workshop, “Master Your Startup Story & Investor Due Diligence,” proved to be a highlight, drawing a diverse audience of students, startups, investors, and mentors. The workshop provided invaluable insights on crafting compelling startup narratives and successfully navigating the investor due diligence process.

    The Wadhwani Foundation’s active participation and recognized contributions at 21BY72 further solidify its position as a catalyst for India’s thriving entrepreneurial ecosystem, as the Foundation remains dedicated to driving innovation and growth in India through its continued support of the startup community.

    The overwhelming response to our initiatives underscores the immense potential of Indian startups. We are honored to contribute to this vibrant ecosystem and remain committed to driving innovation and economic growth.”

    About Wadhwani Foundation:

     Wadhwani Foundation is a high-growth tech organization dedicated to social good. It is a global not-for-profit with the primary mission of accelerating economic development by driving job creation through large-scale initiatives in skilling, entrepreneurship, government digital transformation, and innovation & research. Founded by Silicon Valley entrepreneur Dr. Romesh Wadhwani, the Foundation is scaling impact across multiple countries in Asia, Africa, and Latin America. Through innovative programs that leverage the latest technology and expansive global networks, it democratizes access to world-class resources needed to improve livelihoods and change lives.

    For more information and to register for the discussions, please visit [Website: www.wadhwanifoudation.org] 

    Are you an early-stage startup ready to take your growth to the next level?  The Wadhwani Foundation’s Liftoff program empowers ambitious founders with the resources and guidance they need to thrive. The programs are offered at NO COST. Learn more and apply today!

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  • KrispCall Unveils Exciting New Features at 21by72 Startup Summit Season 3 in Surat, India

    KrispCall Unveils Exciting New Features at 21by72 Startup Summit Season 3 in Surat, India

    Surat (Gujarat) [India], June 20: KrispCall, an emerging company in the cloud telephony industry, participated in the 21by72 Startup Summit Season 3, held on June 15-16, 2024, at Avadh Utopia, Surat, India. This major event brought together over 125 startups and thousands of entrepreneurs, investors, and industry leaders. This marks KrispCall’s fourth event participation in India, underscoring its growing presence and commitment to the Indian market.

    KrispCall’s stall attracted many visitors who were interested in the company’s upcoming and innovative features, including an updated user interface, multi-level IVR, AI transcription, AI reply suggestions, and new integrations with many other business tools and CRM software. Visitors, investors, and businesses showed great interest in KrispCall’s offerings and their potential applications. The company offers virtual numbers from over 100 countries, including local numbers, mobile numbers, toll-free numbers, and vanity numbers, catering to various business needs worldwide.

    The summit featured over 20,000 participants and more than 600 investors, with notable speakers such as Anupam Mittal and Raj Shamani. It provided KrispCall with an excellent platform to connect with potential clients and partners.

    During the event, KrispCall announced plans to expand its operations in Bangalore, recognizing the city’s importance for growth in India. The company is also looking to partner with Indian brands and CRM software to broaden its reach and improve its services.

    For more information about KrispCall and its features, visit krispcall.com

    For more details on the 21by72 Startup Summit, visit 21by72.com.

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  • India is Poised to Become the Next Design Hub

    India is Poised to Become the Next Design Hub

    Surat (Gujarat) [India], June 20: Surat was home to some of the best entrepreneurial minds from 14th-16th June and this was an arousing statement for designers all across the country. The 21by72 conference hosted by Ivy Growth Associates was graced by the who’s who of the business world. Anupam Mittal, Raj Shamani, and SandCup Design Studio’s Pramod Sinha were out there to make a difference.  

    SandCup Studio’s presence at 21by72 highlighted the crucial role of digital design in empowering businesses. SandCup Design has always been a studio with a clear vision, an organization with its eyes set on gold.  

    “We are very certain that India will become a global design hub,” said Pramod, CEO and Co-Founder at SandCup Studio. “The conference is a healthy way of nurturing and adding value to the startup ecosystem by enabling them to voice their mission.” 

    Design Achievements with Measurable Results 

    SandCup Studio has always been driven to create a difference in the world. They have worked in some of the most complex and giant industries. From Oil and Gas to Banking, from Aviation to Supply Chain, they have allowed businesses to thrive with design thinking and strategy. With more than 100+ partners across different verticals, they have masterfully crafted and deployed 300+ solutions that have disrupted the perception of the power of design.  

    With their abilities reaching far and wide they have taken on some of the most complex challenges of the industry and navigated them successfully with:  

    Growth and Innovation Strategy: Identifying opportunities for your businesses and harnessing the full potential of the same with forward-looking strategies.  

    Opportunity Creation: Tapping into markets with unrealized potential with accurate prediction of user behavior and market trends.  

    CX for Tomorrow: Experiential design thinking and a deep understanding of psychology to gauge and measure customer and employee experiences for the future  

    The Reception  

    The new connections forged at the conference have been raving about the promise of SandCup and their passion for the craft. “They were so passionate and had so much of firm belief in their work that I had to partner with them”, said an entrepreneur who partnered up with them. The traveling tribe of SandCup returned with a wealth of experience after meeting some of the industry’s biggest names and learning a lot about leadership and resilience. Exposure like these will keep them going forward with an amped-up motivation.  

  • EKO STAY Unveils Spectacular Growth Trajectory and Visionary Plans to Redefine Hospitality Landscape

    EKO STAY Unveils Spectacular Growth Trajectory and Visionary Plans to Redefine Hospitality Landscape

    Mumbai (Maharashtra) [India], June 20: Embark on an exhilarating journey with EKO STAY, the pulsating powerhouse reshaping the hospitality sector. Bursting with excitement, we unveil our extraordinary growth narrative and unwavering commitment to revolutionizing the vacation rental, a.k.a. alternative accommodation industry. Since its inception in 2018, EKO STAY has soared to unparalleled heights under the visionary stewardship of the co-founders: Husain Khatumdi, Varun Arora, Sohail Mirchandani, and Zishan Khan, each a maestro orchestrating our symphony of success. This year, EKO STAY proudly celebrates six years of redefining the homestay experience, marking a milestone in our journey of continuous innovation and excellence.

    Husain Khatumdi, the luminary Managing Director & Co-Founder, asserts, “At EKO STAY, we transcend mere property management; we are artisans of unforgettable experiences. Our relentless pursuit of innovation and devotion to guest satisfaction propels us ever upwards.”

    Echoing this sentiment, Varun Arora, the dynamic Chief Executive Officer & Co-Founder, declares, “Our growth is a testament to our team’s indomitable spirit and our unwavering resolve to push boundaries. We continually explore new frontiers, harnessing technology to elevate the guest experience.”

    Sohail Mirchandani, the mastermind Chief Operating Officer & Co-Founder, underscores, “Excellence is our lodestar at EKO STAY. From seamless backend operations to transcendent guest interactions, we meticulously craft quality and consistency, ensuring unparalleled service.”

    Zishan Khan, the visionary Chief Acquisition Officer & Co-Founder, adds, “Our growth trajectory is propelled by strategic acquisitions and transformative partnerships. We incessantly broaden our property portfolio, offering guests a kaleidoscope of options.”

    EKO STAY’s Growth Timeline:

    EKO STAY began its journey humbly in 2018 in Lonavala, where the co-founders personally managed every aspect from sales to operations. This foundational period marked the inception of our commitment to excellence and personalized hospitality. By 2019, buoyed by early successes, EKO STAY expanded its footprint to include picturesque destinations such as Panchgani, Alibaug, and Goa, operating from a modest 125 sqft office with two freelance employees. The team laid the groundwork for future growth amidst burgeoning traveler interest in unique homestay experiences.

    The global pandemic in 2020 presented unprecedented challenges, yet EKO STAY adapted swiftly. Despite initial setbacks, domestic tourism rebounded post-lockdown, propelling expansions into Igatpuri, Khopoli, Karjat, Ooty, and Mumbai. The company moved into a larger 600 sq ft office, expanded its team to 50 members, and introduced membership options, including the prestigious EkoGold category.

    In 2021, EKO STAY’s growth trajectory accelerated with entries into Himachal, Uttarakhand, and other northern regions of India. Recognized as the “Most Premium Staycation Gateway by Mid Day,” the company relocated to a spacious 1100 sqft office, doubled its inventory, and launched the exclusive EkoLuxe category. These milestones solidified our reputation as a leader in personalized hospitality.

    Entering a new phase of expansion in 2022, EKO STAY expanded its office space to over 2000 sq ft, strengthened its team to over 200 employees, and ventured into the food and beverage sector. Initiatives included major home transformations and renovations, reflecting our commitment to enhancing guest experiences beyond traditional accommodation.

    Today, in 2023, EKO STAY proudly operates in over 15 cities across India, offering a portfolio of 150+ meticulously curated villas with new additions monthly. Celebrating six years of transformative work in the hospitality sector, our team now exceeds 300 dedicated professionals, poised to redefine standards in the homestay industry. As we continue to expand rapidly, the company plans to boast 250 villas across 20+ cities under its umbrella in the next 3 years. 

    “We stand on the precipice of greatness,” exclaims Husain Khatumdi. “Our journey has just begun. Our vision is to be the quintessential choice for discerning travelers craving bespoke homestay encounters.”

    EKO STAY ascends to acquire primarily villas with more rooms, ideally in the range of 6-12 BHK, catering to the growing appetite for such homestays among avid travelers. The company primarily operates on two models: fixed long-term rental or revenue sharing, with over 80% of the portfolio currently consisting of fixed rental properties.

    EKO STAY has also ventured into the F&B business, offering delectable meals ranging from authentic local cuisine to Indian and Chinese gastronomy. With 64% of travelers preferring to book food packages along with homestay bookings, EKO STAY is poised to meet this dynamic demand seamlessly.

    About EKO STAY:

    EKO STAY is the vanguard provider of professionally managed vacation homes, committed to curating exceptional homestay encounters across diverse destinations pan India. Founded in 2018 by a visionary cadre of hospitality aficionados, EKO STAY swiftly ascended as a luminary in the alternative accommodation domain. Boasting a portfolio of over 150+ meticulously curated villas spanning 12 cities, EKO STAY sets the gold standard for personalized hospitality. Driven by innovation, customer-centricity, and sustainable expansion, EKO STAY continues to redefine the homestay milieu, offering guests comfort, convenience, and indelible memories.

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  • Deciml is an investment app that aims to fundamentally change the way young Indians perceive investing and make their initiation into the investing ecosystem simpler

    Deciml is an investment app that aims to fundamentally change the way young Indians perceive investing and make their initiation into the investing ecosystem simpler

    Pune (Maharashtra) [India], June 20: In spite of growing awareness about investing, popularity of SIPs & ‘Mutual Funds Sahi Hai’ and more over the last 2 decades, the percentage of Indian investors remains abysmally low at 3%. Imagine the impact on that number, if the biggest demographic of the country – the Indian youth – were to have a platform that makes investing more inviting for them.

    The hesitation to invest, amongst young Indians, is not to do with a lack of intent. The ball drops at actioning this intent due to multiple reasons, primary of which is the misleading narrative that investment requires a significant amount of money, time, research and efforts.

    Deciml is built to address and effectively tackle these issues and bridge the gap between intent and action. The app works on the concept of round-up investing, where spare change from every digital transaction is auto-invested into a fund of the user’s choice.

    For example: if you took an auto and paid ₹75 for it, Deciml will automatically round up this amount to the next 10 i.e. 80 and invest the ₹5 in a Mutual fund of your choice.

    This happens for every online transaction; from UPI and card payments, to ATM withdrawals – whenever and however you spend.

    Besides rounding up, users can also choose to invest via Daily Deposits (invest automatically, every day – like a daily SIP) or Lump-Sum (invest anytime).

    From day 01, Deciml has been working alongside its user base, rather than just hypothesizing and building and has seen growth that is illustrative of this approach – without any marketing or formal launch, Deciml got to 18,000 active users who were collectively investing ₹7L+ per day just through spare change.

    Deciml is backed by a clutch of strategic investors that includes creators, entrepreneurs and VCs including Co-Founder & CEO of Unacademy, Gaurav Munjal, Founder of Innov8 (acquired by OYO), Dr. Ritesh Malik, CTO of Dunzo, Mukund Jha, and Raunak Munot, Co-founder of  the Bombay Shaving Company, as well as influencers/creators like Ranveer Allahbadia, Bhuvan Bam,  Zakir Khan, Raj Shamani, Suhani Shah and Varun Thakur.

    In 2023, Deciml launched its first-ever marketing campaign featuring their own cap-table investors who also happen to be some of the biggest content creators and influencers in the country.

    The campaign, titled The Deciml Influesters Campaign, garnered a lot of attention and applause with an engagement of 1.4M registered in the 5-day duration of the campaign alone. The finale video featuring Bhuvan Bam and Rohit Raj crossed 1M views within the first 5 hours of posting – an exceptional result for a promotional content piece.

    Watch The Influester Campaign:

    https://www.instagram.com/decimlapp/reels

  • Pranik Logistics Files DRHP for Initial Public Offering (IPO)

    Pranik Logistics Files DRHP for Initial Public Offering (IPO)

    New Delhi (India), June 20: PRANIK LOGISTICS LTD, India’s one of the fastest growing end-to-end logistics solution provider, supporting leading corporates such as Reliance, Nestle, Tata etc. has filed DRHP for Initial Public Offering (IPO) in NSE Emerge through India s leading category 1merchant banker Narnolia Financial Services Limited.

    Pranik Logistics was founded in 2015 by Mr. Pranav Kumar. Within a short period, it has grown at a rate of over 65% p.a over the past 5 years & ranks at par with India’s top logistics companies.

    The company today boasts of a wide network of Warehouses and Fleets with an elaborate ground infrastructure for undertaking multiple logistics-related operations across India. With a diversified experience in the Logistics Industry, Pranik is making an all-out effort to dominate the Indian logistics market and to achieve its global ambitions.

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  • Palladium Ahmedabad Hosts Glamorous Michael Kors Collection Showcase

    Palladium Ahmedabad Hosts Glamorous Michael Kors Collection Showcase

    Ahmedabad (Gujarat) [India], June 19: The luxurious Palladium Ahmedabad, renowned as Gujarat’s premier luxury shopping destination, played host to an exclusive showcase of the latest Michael Kors collection. The event, attended by 157 high-net-worth individuals (HNI) and ultra-high-net-worth individuals (UHNWIs), brought a touch of international fashion flair to the city. The evening was further illuminated by the presence of distinguished guests, including Kimi Singh, Sahiba Arora, and Sarika Bhatt, who added to the glamour and prestige of the occasion.

    Guests were treated to an array of exciting highlights, designed to create a memorable experience. An instant photo booth allowed attendees to capture and take-home personalized mementos, while a mocktail bar served a sophisticated selection of non-alcoholic beverages, adding a refreshing touch to the elegant ambiance.

    Palladium Ahmedabad, the only luxury mall in Gujarat, continues to solidify its commitment to hosting high-profile events that feature renowned brands and the latest fashion collections. This event underscored the mall’s dedication to providing its elite clientele with unparalleled shopping experiences and exclusive access to global fashion trends.

    The Michael Kors collection showcased at the event exemplified the brand’s signature blend of timeless elegance, practicality, and luxury. Michael Kors, an iconic name in the fashion industry, is celebrated for its sophisticated and versatile designs. The collection highlighted the brand’s commitment to high-quality craftsmanship, with each piece meticulously crafted to ensure durability and a premium feel.

    Michael Kors’ designs are known for their ability to transition seamlessly from day to night, making them ideal for various occasions. This versatility, coupled with a keen sense of style, ensures that wearers always look chic and polished. The brand’s global appeal, blending American sportswear with European chic, has made it a favorite among fashion enthusiasts worldwide.

    Palladium Ahmedabad’s successful hosting of the Michael Kors showcase is a testament to its position as a hub for luxury and high fashion in Gujarat. The event not only brought international fashion trends to the city but also provided an exclusive platform for the brand to connect with its discerning customers.

    As Palladium Ahmedabad continues to host such prestigious events, it reaffirms its role in elevating the city’s status in the global fashion landscape. The collaboration with Michael Kors has set a high standard for future events, promising even more exciting and luxurious experiences for the city’s elite.

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