Category: Business

New Delhi (India), April 8: Taking a step to acknowledge and honour excellence in business innovation, creativity, and leadership. Corporate Connect Magazine presents the awardees of the most awaited and prestigious award series of the year – the “Business Excellence Awards- 2024”. From hundreds of nominations, winners for the “Business Excellence Awards-2024” are selected by a jury consisting of members from the editorial board and administration.

Corporate Connect is a highly reputed media house known for its profound knowledge in business to project future trends. At Corporate Connect we offer a number of services including, captivating articles, exclusive interviews, and insights from the business world. Our Magazine plunges into the intriguing stories about successful businesses, startups, recent inventions, success stories of leaders from different niches.

With exceptional content quality, Corporate Connect has featured 4,000+ business leaders with more than 7,000 pages of insightful content published both in print and digital. Corporate Connect is a name known for delivering exceptional quality in the media industry.

Let’s take a look at the winners of the “Business Excellence Awards-2024”.

IRON FOUNDRY FILMS OPC PRIVATE LIMITED

Vishwas Raj (Founder and CEO)

Award Category:- “Best Film & Video Production House 2024”

Founder, CEO, and Filmmaker, Vishwas Raj is not alone a successful Entrepreneur, is also a great leader. He believes in nurturing the potential of his employees to empower their capabilities to uplift the firm.

IRON FOUNDRY FILMS OPC PRIVATE LIMITED is a new age production house where production focuses heavily on technology, like VFX and AI. Located in Naya Raipur, in Bhilai Chhattisgarh, is a result of Vishwa’s passion for film production and visual effects. This venture aims to establish a platform capable of generating high quality content utilising cutting-edge technology within a short time period.

RM Happiness Center Private Limited

Rishikesh Maniprasad Upadhyay {Director (Operations)}

Award Category:-  “Exemplary Health, Wellness & Business Solutions Provider 2024”

Rishikesh Maniprasad Upadhyay has over 25+ years of experience, working with several small scale startups and businesses. Apart from being an entrepreneur he is also a philanthropist, he is also inspired from the philosophy of ISKON and many other related ideologies.

RM Happiness Centre Private Limited is also influenced by some of these ideologies, the foundation of it is based on prioritising the happiness and welfare of the society. They provide Skill enhancement, health and wellness solutions, and business support solutions and the core of all their services focuses on maintaining Mental health, physical health, a balance between professional and personal life.

Testlify

Abhishek Shah (Founder and CEO)

Award Category:- “Impact Recognition: The Most Innovative Saas Tool Developer for HR Professionals to Watchout-2024”

Testlify brings recruitment assessment and technology together. It is an AI driven recruitment assessment technology application. Founded by Abhishek Shah a M.Sc graduate in computer science, in 2013.

Testlify brings you a fun, interactive, accurate, affordable and speedy way of hiring candidates. Mass hiring is as difficult as moving a mountain, this is where Testlify comes handy. Testlify, is a fast way to find the best candidate, it optimises 75% of initial screening time and an overall of 82% of reduced time while hiring.

Body Science

Dr. Fathima Mohammed (Founder and Cosmetologist)

Award Category:- “Corporate Connect’s Impact Recognition: Highly Regarded Hair & Skin Care Clinic to Watch-2024”

With a Bachelor’s Medicine and Surgery from Bangalore University, Dr. Fathima completed her MD in aesthetic medicine from Singapore and a diploma in aesthetic medicine from Italy. Dr. Fathima’s is a pioneer in the field of aesthetic surgery, and is an inspiration for aspiring Cosmetologist and aesthetic surgeons.

Her passion for aesthetic surgery resulted in her opening her first clinic “Body Science The Aesthetic Clinic” in 1998. With an expert team of psychologists, plastic surgeons, dentists and nutrition counsellors, Body Science provides services like, hair and skin care services, personalised treatment and procedures. Equipped with the latest technology, the Body Science team works on curing the underlying issue to cure the surface problem.

Global Interscope Enterprises Private Limited

Rahul Krishna (Director)

Award Category:-  “Innovative Swimming Pool Designs Manufacturing Companies in 2024”

Global Interscope Enterprises Private Limited has constructed over 350 swimming pools and has 500+ happy clients till now. Founded by Rahul Krishna in 2001 in Andhra Pradesh, Telangana. It is one of India’s leading swimming pool construction, renovation, and designing company for both commercial and residential, specialising in both indoor and outdoor pools and is equipped with the best of the world’s technology.

They have partnered with brands like RP Pool industries, Bio-design Pool, Swimex pool, FRP Pools, and Conventional Pool. Apart from being a pool construction, renovation, and designing company, they also supply pool equipments.

Visions

Payal Kapoor (Director, Interior Designer & Consultant)

Award Category:- “Impact Recognition: India’s Highly Regarded Interior Designer to Watchout- 2024”

Payal Kapoor Director, Interior Designer & Consultant of “Visions” is an Interior Design graduate with over 36 years of experience in the field of Interior Designing, founded Visions in 1991 to pursue her passion. She has also worked with “Manasara”, which is among India’s leading Interior Design Houses. While working with Manasara she also got the chance to work as the senior advisor of their design firm “Craftsman”.

Visions has over 2000+ happy clients and have worked on 800+ projects. Some of the prominent projects Visions has worked on includes, TATA’s Corporate Office. Palace on Wheels, Rajasthan, PVR Mega Mall Gurgaon, G.D Goenka World School, Vasant Kunj, Imperial Hotel, New Delhi, etc. Visions provides a unique and creative way to satisfy their clients demand in an cost-effective manner, their services are affordable yet durable.

HITECH HUMAN CAPITAL (INDIA) LIMITED

Neeraj Tiwari (Group MD & CEO)

Award Category:- “Most Trusted Security Company in India – 2024”

Founder and MD of HITECH HUMAN CAPITAL PRIVATE LIMITED (HHCIL), Neeraj Tiwari has over 12+ years of experience in the field of HR, investigation and Security, before he founded HHCIL in 2015. He has also been awarded with the Young Achiever of the Year- 2019 for the Best Private Security Agency in Gujarat.

HHCIL provides payroll outsourcing, statutory compliance, contractual staffing and security services with niche business in 13+ states in India. HHCIL has been serving in a number of sectors including retail, logistics, hospitality, pharmaceutical, healthcare, FMCC, real estate, residential complexes, etc.

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New Delhi (India), April 8: Taking a step to acknowledge and honour excellence in business innovation, creativity, and leadership. Corporate Connect Magazine presents the awardees of the most awaited and prestigious award series of the year – the “Business Excellence Awards- 2024”. From hundreds of nominations, winners for the “Business Excellence Awards-2024” are selected by a jury consisting of members from the editorial board and administration.

Corporate Connect is a highly reputed media house known for its profound knowledge in business to project future trends. At Corporate Connect we offer a number of services including, captivating articles, exclusive interviews, and insights from the business world. Our Magazine plunges into the intriguing stories about successful businesses, startups, recent inventions, success stories of leaders from different niches.

With exceptional content quality, Corporate Connect has featured 4,000+ business leaders with more than 7,000 pages of insightful content published both in print and digital. Corporate Connect is a name known for delivering exceptional quality in the media industry.

Let’s take a look at the winners of the “Business Excellence Awards-2024”.

YOOVA FOODSTUFF PRIVATE LIMITED

Kamlesh Rohra (Co-Founder and Director)

Award Category:- “Excellence Awards for Promoting Healthy Eating”

Co-Founder of YOOVA FOODSTUFF PRIVATE LIMITED, Mr. Kamlesh Vohra has over 19+ years of corporate experience before starting YOOVA FOODSTUFF in 2022.

SaladO, which is owned by YOOVA FOODSTUFF, was launched in September 2021, is one of India’s largest salad brands. SaladO is a Nasik based company and has over 120+ franchise stores all over India.SaladO doesn’t provide the regular boring salads, it provides salads that are healthy, tasty, yet delicious and can be eaten as a full meal. Their vision is to provide best quality service at a reasonable price. And to provide salads which are fulfilling, tasty and you’re paying for a reasonable quantity.

revmerito

Smritee Shah and Vishal Ajwani (Founders and Directors)

Award Category:- “The Most Acclaimed Strategic Consulting Brand for Hospitality Businesses to Watch-2024”   

Founded by two visionary leaders Smritee Shah and Vishal Ajwani, in 2017 revmerito is a consulting firm specialising in revenue management brand, e-distribution, and reputation management in the hospitality sector. Providing  all round revenue management to Hotels of every scale at a nominal price. revmerito understands the importance of budget friendly revenue management service, that’s why all their services are cost-effective and are provided to hotels of every size and segment.

With a Bachelor’s degree in B.Sc focused in the hospitality management sector from IHM Goa. Smritee Shah plays a pivotal role by bringing her years of experience in the hospitality sector including e-commerce, food and beverage, budgeting, and online revenue management.

   Holding 20+ years of experience in the hospitality and tourism industry, Vishal Ajawni with his deep understanding of the online distribution,OTA partnership, SAAS platforms, and hotel consulting domains, serves as a guiding stone in serving uncompromised standards of ethics, excellence, and reliable service.

The Indian Lawyer & Allied Services

Sushila Ram Verma (Co-Founder and Chief Consultant)

Award Category:- “Impact Recognition: Highly Regarded Law Consulting Firm- 2024”

Sushila Ram Varma is the Co-Founder and Chief Consultant of The Indian Lawyer & Allied Services. An advocate with more than 30 years of experience in handling cases ranging from domestic & international arbitration consultation to cross border dispute settlement. Shushila ji is a legal professional specialising in corporate and commercial law.

The Indian Lawyer & Allied Services is a one stop solution to all your legal issues including Business Laws, Corporate Laws, Civil Laws, Insolvency and Banking, Intellectual Property Rights, Real Estate Laws. The Law firm has its offices in New Delhi, Mumbai, Hyderabad, Chennai, and Darjeeling. Their business objective is to provide clear, concise legal support in a desired time.

Murli Krishna Pharma Private Limited

Dr. Satya Ramani Vadlamani (Chairperson and Managing   Director)

Award Category:-  “Impact Recognition: The Most Acclaimed Innovative Solutions Provider in Pharmaceutical Industry-2024”

Dr Satya Ramani is a Ph.D  holder in Strategic Management with a MBA in marketing. She has about 31 years of experience in the pharmaceutical sector, with around six years corporate experience as the General Manager of International Marketing at Ajanta Pharma Ltd.and as an Export Manager at the Armour Chemicals Ltd. She has also been Featured in “Follow Every Rainbow” by Ms.Rashmi Bansal which is a book featuring India’s leading female entrepreneurs.

Started in 2004 by Murli Krishna Pharma Private Limited (MKPPL). Along with Dr.Vijay Shastri with a group of 4 Directors. It is a two decade old company specialising in manufacturing pharmaceutical products including unique varieties like Pellets and Micro Pellets. MKPPL is an authorised pharma company getting its EU licence in 2007 with other licences from WHO, GCC, and Jordanian FDA, which ensures high quality of products. MKPPL has also been awarded with the “Make In India Award 2016” for the fastest growing pharmaceutical company in India.

VERCH CONSULTING LLP

Dr. Chikkala Venugopal Rao (CEO)

Award Category:- “CEO of the Year in HR Consulting Award – 2024”

Founding VERCH CONSULTING LLP in 2019.Dr. venugopal is an expert in the field of Human Resource., with a MBA-HR, LLB, and Ph.D in Human Resource Management from Andhra Pradesh university. With 16+ years of work experience in the field of human resource management, he has worked with several pharma and IT companies. With years of experience, Dr. Venugopal is now helping career aspirants and organisations looking for their perfect match with his venture VERCH CONSULTING LLP.

With over 56+ clients in several industries, VERCH CONSULTING LLP provides specialised HR services in the field of ,Technology, Executive search and consulting. Their aim is to provide the job opportunity to the right talent with the suitable organisations.

PLACEMENT AND BEYOND

Sashank Shekhar (Director)

Award Category:- “Impact Recognition: The Most Acclaimed Recruitment Consultant to Watch-2024”

Placement and beyond Human Resource recruitment service provider for the I.T, Pharma, Banking and FMCG industry. Founded by Sashank Shekhar in 2017 it is one of India’s fastest growing recruitment service providers. What sets apart Placement and beyond is that they provide free placement if the employees resign from a company within the service period. Candidate’s resume will be sent to the company only after a thorough screening.

Ascent Consulting Services Private Limited

Subramanyam S (Founder and CEO) and Geeta L (Co-Founder and Chief Operating Officer)

Award Category:- “The Most Acclaimed Innovative Business Solutions Provider to Watch-2024”

Ascent Consulting services private limited, formed approximately two decades back in 2002. With the aim of simplifying the complexities of payroll and HR process, has worked with more than 850+ clients in over 35 countries.

This could never have been possible without the visionary leaders of Ascent Consulting Founder and CEO Subramanyam S and Co-Founder and COO Geeta L. Ascent Consulting Services has a cloud based SaaS system, StoHRM, which is a country specific gross-to-net payroll calculation app. Apart from the  HR solutions they also offer,business compliance management , vender management, vender compliance management,business expense management, survey management, benefit administration, and employees financial wellness. It also provides personal financial management services through its financial planning platform, Jofin.

Xporience

Dr. Rohan Karnataki  (CEO and Founder)

Award Category:- “Most Promising Event Technology Companies 2024”

Founder and CEO of Xporience which is an cloud based event management company based in the United Arab Emirates. Rohan Karnataki has completed his MBA from ANU(Australian National University) and has more than 20 years of experience in running a successful business. Currently, he is running 4 successful businesses in IT, Hospitality, Education, and Event Management.

Xporeince is a cloud based event management company using state-of-the-art technology in providing its services to its customers. Starting its operations in 2014, Xporeince is a decade old company, has organised 1000+ events and has served 50,000+ exhibitors and 20.5 lakh visitors. Some of their prominent clients include, Dubai Expo 2020, Dubai Trade Centre (DWTC), Sharjah Expo Centre, etc.

Pride Group of Hotels

Atul Upadhyay (Executive Vice President)

Award Category:- “Impact Recognition: India’s Top Notch Luxury Hotel to Watch-2024”

Pride Hotel offers a chain of 60 hotels PAN India with 3,300 room choices to choose from across India. Guests get to choose from 120 restaurants present in its premises. Having hotels all over India, including all the major cities like New Delhi,Ahmedabad, Bengaluru, Chennai, Jaipur, Kolkata etc.

Pride Hotel Group is more than a hotel chain, it’s a commitment towards environmental management, Pride Hotel group has a practice to minimize carbon footprint across all its properties. Which includes steps like energy-efficient lightning, waste segregation and management, water conservation, using sustainable sources of energy, etc.

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Mumbai (Maharashtra) [India], April 8:  In the sun-drenched ambiance of Goa, the 10th Edition of India Beach Fashion Week (IBFW) unfurled with palpable anticipation and electric excitement. Amidst the glittering array of designers and sponsors, one name shimmered with an unmatched allure: Manaca. 

Reflecting on the triumphant event, the creative genius behind Manaca, designer Manish Bhavnani, was hailed as the new maestro of streetwear, his visionary collections setting the stage ablaze at IBFW Goa 2024. With unwavering resolve, the Manaca team reaffirmed their commitment to pushing the boundaries, embracing the kaleidoscope of street culture with fervent zeal. 

Renowned for its audacious approach to fashion, Manaca embarked on a transformative journey to redefine the very essence of the runway experience with its Street Cult(ure) Show—a spectacle that defied conventions and enraptured audiences with its raw, untamed energy and urban sophistication. 

As the pulsating rhythms of rap anthems reverberated through the air, attendees found themselves transported to the pulsating heart of an urban jungle. Manaca’s Street Cult(ure) Show transcended the mere exhibition of garments; it was a visceral journey into the soul of street culture, a celebration of its diversity and dynamism. Against this backdrop, models strode with an unyielding confidence, adorned in ensembles that pulsated with the heartbeat of the streets, while street performers cast spells of enchantment upon the mesmerized audience. 

Manaca’s collaboration with IBFW Goa 2024, hosted at the opulent Taj Holiday Spa and Resorts, curated under the expert eye of celebrity maven Pallav Ojha, CEO of IBFW, and the visionary force behind Como Collective multi-brand store in Goa, was nothing short of spectacular. From the scintillating resort wear collections to the mesmerizing makeup displays, and the myriad designer showcases, Manaca dared to carve out its own niche, boldly pushing the boundaries of fashion and sparking a dialogue on authenticity and individuality. 

Post-show, amidst the glittering applause, Pallav Ojha, the luminary behind Como Collective stores, inked an exclusive partnership with Manish Bhavnani’s Manaca, granting Como Collective the sole rights to retail Manaca products across their prestigious outlets in Goa. But that was not all. In a groundbreaking move, Pallav Ojha proposed the inception of a bespoke streetwear haven, a joint venture between Como Collective and Manaca, set to grace the vibrant streets of Goa in the near future. 

For Manaca, fashion transcends the mere adornment of the body; it is a canvas for storytelling, a vessel for self-expression, and a conduit for social change. As the curtains descended on India Beach Fashion Week 2024, Manaca had etched its name in the annals of fashion history, igniting a revolution of creativity and expression that would resonate far beyond the shores of Goa. 

As the curtain falls on India Beach Fashion Week 2024, one truth remains undeniable: Manaca has left an indelible mark on the fabric of the fashion world. In daring to be different, in embracing the raw, unbridled energy of street culture, Manaca has emerged as a beacon of innovation, a harbinger of change, setting the stage ablaze for the future of fashion. 

For those eager to delve deeper into Manaca’s visionary initiatives and forthcoming collections, the journey continues at Manaca.in, where innovation knows no bounds and creativity reigns supreme.

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Mumbai (Maharashtra) [India], April 8:  CHEP, a leading provider of pallet and container pooling solutions, has issued a public notice in several newspapers in India throughout April 2024 cautioning the general public on misappropriation and unauthorized use of its equipment. CHEP equipment, which includes wooden pallets, crates, containers, and other shipping platforms, is marked with the CHEP logo and/or statements such as “Property of CHEP” or “Owned by CHEP” to identify it as belonging to CHEP. Whenever possible, CHEP equipment is also identified by being coloured blue.

The public notice serves as a reminder that CHEP never sells or transfers ownership of its equipment. No person is entitled to purchase or sell the equipment, or use, dispose of or otherwise deal with equipment in any way inconsistent with CHEP’s policies. Only CHEP, its hiring customers and their respective agents, can legitimately use CHEP equipment, which cannot legally be bought, modified, exchanged, sold, or otherwise disposed of. The unauthorised appropriation, use or disposal of CHEP equipment is prohibited and may result in legal action and/or criminal prosecution.

Returning CHEP’s equipment is essential for environmental sustainability, as it helps minimize environmental impact by reducing CO2 emissions and ensuring continuous circulation in the supply chain. Returning equipment also decreases the need to use valuable resources for manufacturing new equipment. 

CHEP provides channels for reporting unauthorised use and requesting the return of misplaced equipment. The public can call their toll-free number at 0008000503518 or email them at in.customerservice@chep.com for assistance. Following CHEP’s guidelines promotes environmental sustainability and avoids legal consequences.

CHEP’s pooling equipment model significantly reduces waste in various ways by embracing the three R’s: – Reduce, Reuse, and Recycle. CHEP’s repair and reuse model enables them to collect all pallets, including the damaged ones, thereby eliminating concerns about waste wood. Moreover, CHEP’s managed pooling services minimize less apparent forms of waste. Its quality assurance process reduces the risk of product damage and food waste, thereby decreasing the need for replacing and redelivering goods, which in turn reduces emissions. CHEP’s pallet life cycle plays a significant role in reducing waste wood and minimizing the amount of wood used in pallet production. Independent, research has shown that a CHEP pallet can last up to 10 times longer than its white-wood counterpart. This is due to the pallet’s durability and continual inspection and repair through CHEP’s managed pooling service.

About CHEP: CHEP helps move more goods to more people, in more places than any other organisation on earth. Its pallets, crates and containers form the invisible backbone of the global supply chain and the world’s biggest brands trust CHEP to help them transport their goods more efficiently, sustainably, and safely. As pioneers of the sharing economy, CHEP created one of the world’s most sustainable logistics businesses through the share and reuse of its platforms under a model known as ‘pooling’. CHEP’s ambition is to create a positive impact on the planet and society, pioneering regenerative supply chains. CHEP primarily serves the fast-moving consumer goods (e.g., dry food, grocery, and health and personal care), fresh produce, beverage, retail, and general manufacturing industries. CHEP employs approximately 11,500 people and believes in the power of collective intelligence through diversity, inclusion, and teamwork. CHEP owns approximately 345 million pallets, crates, and containers through a network of more than 750 service centres, supporting more than 500,000 customer touch-points for global brands. CHEP is part of the Brambles Group and operates in approximately 60 countries.

In India, CHEP offers sustainable pallet and container pooling services to businesses across various industries, helping them optimize their supply chain operations and reduce their environmental footprint. CHEP’s pooling model allows businesses to share pallets and containers, reducing the need for disposable packaging and minimizing waste. The company’s services also enable businesses to streamline their supply chain processes and improve efficiency. With a commitment to sustainability and innovation, CHEP continues to drive positive change in the logistics industry while providing cost-effective and reliable supply chain solutions to its customers.

For more information, please visit: https://www.chep.com/in/en/why-chep

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New Delhi (India), April 8: SceneLoc8.com, a comprehensive location listing website, is now empowering creators in Mumbai, Thane, Navi Mumbai, and Palghar to discover hundreds of unique and inspiring locations for their creative projects.

SceneLoc8.com provides a user-friendly platform for photographers, filmmakers, vloggers, and other content creators to browse and explore a diverse range of venues, from luxurious estates to industrial spaces, all free to browse. Whether you’re searching for the perfect urban backdrop for your next film shoot, a captivating natural landscape for a pre-wedding photo-shoot, or a trendy cafe for your vlog, SceneLoc8.com has something for everyone.

“We are thrilled to bring SceneLoc8 to Mumbai and nearby locations,” says Mr. Mayur Merai, founder of SceneLoc8.com. “Our mission is to empower creators by providing them with a one-stop shop to discover the perfect location to bring their vision to life. With a mix of free and paid listings, creators have the flexibility to find what suits their budget.”

SceneLoc8 offers a valuable resource for creators, including:

Extensive Location Listings: SceneLoc8.com features hundreds of unique locations across various categories, including outdoor parks and beaches, indoor studios and event venues, and everything in between.

Free and Paid Options: The platform caters to all budgets, with a mix of free and paid location listings.

Building a Creator Community: SceneLoc8.com is actively building a community on WhatsApp to share hidden gem locations and foster collaboration among creators.

Didn’t find what you’re looking for on the website? SceneLoc8.com’s WhatsApp community might have the perfect hidden gem location for your next project!

About SceneLoc8.com

SceneLoc8.com is a comprehensive listing website designed to empower creators by connecting them with diverse and inspiring locations for their creative projects.  SceneLoc8 currently serves Mumbai, Thane, Navi Mumbai, and Palghar, with future expansion planned for Pune, Ahmedabad, Hyderabad, Bengaluru, Lucknow, Kolkata, and Delhi.  The platform offers a mix of free and paid listings to cater to all budgets and project needs.

Media Contact: Mayur Merai

www.sceneloc8.com
info@sceneloc8.com

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By- Dr. Manisha Kumari Deep

New Delhi (India), April 6: “You cannot connect the dots looking forward, “Steve Jobs said. “You can only connect them looking backward. This is true because everything has a past and you have to look backward to predict or connect the future. Today, I will discuss how future startup’s in India would look like, if we connect the dots. Success is not just about being a Unicorn and doing everything to be there and sometimes shortcut routes may make you land in the situation of many unsuccessful companies. Thus real success is about managing the health of your business, positively engaging your employees, keeping transparency in management, proper placement of policies and regulations, checking on the environment, meeting expectations of stakeholders and so much more. The success of a startup not just depends on a brilliant business plan but good policies from the government and a dedicated team. You hire someone thinking that this person will make your sales skyrocket. So you are planning your future here. More than 60% of new startup’s fail in their first decade of operation. In 2010 there were no Unicorns and in 2011 Inmobi became India’s first Unicorn.. According to investopedia.gov.in, as on 3rd October, 2023, there are 111 Unicorns with a total valuation of $349.67 billion.

The liberalization in startup funding and ease of regulations which includes tax exemption in the first three years has contributed towards starting lots of startups in India. But there is a difference in private valuation of a company and public market reality. For example, Zomato on day one of its listing closed at Rs. 125.85 which was a lot more over the IPO price. After two years it plunged down and reported a huge loss in FY23. But currently it is trading profitability and also showing growth. Although looking at past performances, people are skeptical about Zomato while some hold their hopes high as once IPO was launched and surpassed the estimated price. By connecting the dots investors can put money in Zomato expecting it to grow in the future. If we talk of Paytm then tables will turn. This giant company is in trouble. Shares have gone down and people are not willing to spend money on Paytm due to flags raised by RBI. So, because of Paytm’s past actions, its future looks questionable. Contrary to Paytm, India’s first Unicorn Inmobi is still rising due to its principles and values like privacy, first marketing and doubling AI investments. It is creating a future for itself where usually companies fall or close down.

Startup India was launched on 16th January, 2016, and since then there is no stopping. Startup India has rolled out many programs with the objective of supporting entrepreneurs making India a country of job makers instead of job seekers. Startup India is a flagship initiative of the government of India, to catalyse startup culture in India. Startup India has 19-Point Action Plan to support startup’s like:

1. Incubation Centres

2. IPR facility

3. Tax benefit and easier compliance; faster establishment and exit mechanism for companies.

4. Economic stimulus in the form of INR 10,000 crore of Funds managed by SIDBI for increasing funding opportunities and more.

Number of people who visited the Startup India portal is more than 1 crore since its inception. Post Feb 2020, the regulatory reforms have been initiated to help companies in doing business. Some of these initiatives were:

(i) Revamping the incorporation process

(ii) Tax benefits for issuances of ESOPs for startups

(iii) Extension of turnover criteria for startups under section 80-1AC of the Income Tax Act

(iv) External Commercial Borrowing (ECB) by startups

(v) Relaxation for Startups for opening a foreign currency account

(vi) Relaxation in conducting number of board meetings in a year

(vii) Relaxation in signing of annual return of a startup company

(viii) Patent fees of Educational Institutions reduced by 80%

India has emerged as the third largest startup ecosystem in the world after the US and China.

India has added 950 tech startups in 2023. There has been double the growth in the number of startups from around 7,000 in 2016 to over 14,000 in 2022. This growth is not just because of government support but factors like internet literacy and use; access to funding, and acceptance of AI technology and its penetration among the young tech savvy population. Between 2012-2015, the number of startups grew to 5,000 from around 800. 2016 was a turning point as funding crossed $10 billion. Startups like Flipcart and OYO got multi-billion dollar valuations. In 2023, the number of startup’s touched 90,000 and surprisingly Tier2 and Tier3 cities started to emerge as startup hubs.  It is being projected that India will have 100 Unicorns in the coming year as compared to 44 Unicorns in 2021. Shift will be to SaaS and B2B startups. Thus we can conclude that the Indian Startups ecosystem has shown immense growth. Fintech, Edutech, Agritech and Foodtech companies will be on rise. So, let’s look forward to this prosperous future of startups.

About the Author:

Dr. Manisha Kumari Deep, started her career doing research in an uncharted domain and got her doctoral thesis published as a book title ‘Organic IT Infrastructure Planning and Implementation’. She is a Writer, Researcher, Faculty, Certified Independent Director and Entrepreneur. She has more than 60 publications. Some of her popular novels are “The Trial of Hope”, “2 Moms” and “An Alien Land”. Her book “Social Media Marketing: Author’s Quandary Decoded” received lot of attention from readers. Her recent article on “Dr. Manisha Kumari Deep Shares About Censoring Emotions and its Importance” gathered around 63 Million views and is one of the top searches in Emotional Censoring.

The book title “15 Points to Conquer your Emotions” is a practical guide to help readers in controlling, understanding and conquering their emotions. Step by step help book will hand hold the readers and enable them in practically implementing it in their life.

You can reach the Author on Twitter @Manisha_K_Deep

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Mumbai (Maharashtra) [India], April 6: : Bodhi Tree Multimedia Limited (BTML), a company currently trading at a modest ₹18 on both NSE and BSE exchanges, could be on the cusp of a significant rise in the coming year. Analysts are predicting a potential surge to a staggering ₹450 per share, driven by a recently secured blockbuster deal with streaming giant Netflix.

Fueling the Fire: A Lucrative Partnership with Netflix

BTML, a player in the film and entertainment industry, might already be familiar to viewers who have enjoyed their content on platforms like Netflix, Amazon, and Zee. However, the company’s recent game-changer is a massive deal with Netflix.

Here’s the exciting part: BTML holds the rights to several popular books, and Netflix has agreed to pay a whopping ₹650 crores for the privilege of developing these stories into movies and web series. This deal offers BTML a trifecta of benefits:

Pre-Production Profit: BTML will secure a guaranteed profit of around 15% upfront, eliminating financial risk for developing the content.

Assured Funding: Netflix will shoulder the production costs of these projects.

Long-Term Revenue Stream: BTML retains ownership of 50% of the content rights, allowing them to earn royalties in perpetuity.

Market experts believe this strategic partnership with Netflix will be a major catalyst for BTML’s stock price. Their projections suggest a potential growth of over 2,400%, from the current ₹18 to a remarkable ₹450 within a year.

Strong Fundamentals Bolster the Case

Beyond the headline-grabbing Netflix deal, BTML’s financial performance paints a compelling picture. The company’s revenue is expected to witness a phenomenal increase of over 400% this year, jumping from ₹59 crores in 2023 to a projected ₹240 crores. Similarly, profits are anticipated to rise significantly, from ₹9 crores to ₹45 crores.

Adding to its appeal, BTML boasts a debt-free balance sheet, which enhances its financial stability and investor confidence. Additionally, the company’s promoters are demonstrating strong faith in its future by planning a further investment of ₹500 crores through preferential issue.

A Word of Caution

While the outlook for BTML appears bright, it’s crucial to remember that the stock market is inherently risky. This article is for informational purposes only and should not be considered investment advice. Consulting a financial advisor before making any investment decisions is always recommended.

A Promising Prospect for Savvy Investors

Taking into account the lucrative Netflix deal, impressive financial growth, and positive investor sentiment, Bodhi Tree Multimedia Limited emerges as a potentially rewarding opportunity for those seeking to expand their investment portfolio. With a current share price of ₹18 and a projected surge to ₹450 in the coming year, BTML is definitely a company worth keeping a close eye on.

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