Tag: Business

New Delhi [India], August 8:  UST, a leading digital transformation solutions company, has partnered with ThinkBio.Ai®, an AI-powered solutions provider for biopharmaceutical and healthcare organizations. This strategic partnership will empower UST to more efficiently leverage its expertise in digital transformation and advanced solutions to complement ThinkBio.Ai’s innovative AI-powered R&D capabilities. Together, the companies will deliver transformative solutions that accelerate AI transformation journeys and improve outcomes for biopharma and healthcare organizations worldwide.

Leveraging advanced in-house expertise in oncology, immunology, neurology, and cardiology, ThinkBio.Ai has developed a suite of AI-powered solutions to address critical challenges across pharma and biotech preclinical and clinical R&D pipelines. These include data-driven strategies to identify the most optimal treatments, salvaging failed drugs through repurposing or combination therapies, and improving clinical trial success through biomarker-driven patient stratification and digital twin-enabled trial matching.

In addition, ThinkBio.Ai’s AI-enhanced Research Co-pilot (R-COP) utilizes AI to extend the existing Laboratory Information Management System (LIMS) capabilities. Fully interoperable with existing infrastructure, this next-generation tool transforms routine processes into dynamic, insight-driven research operations. These solutions are designed to support biopharma companies and healthcare providers in accelerating innovation and improving patient care.

ThinkBio.Ai’s biological and clinical insights are powered by experts and delivered through the BioThinkHub data platform, drawing from expertly curated data and knowledge from proprietary and public data sources.

“This partnership will bring our unique AI and knowledge-based transformation products and solutions for Research and Discovery (R&D) to UST’s focus on digital transformation capabilities and building Gen AI solutions for different industries, including the life science sector. Together, we will build custom ecosystems to help clients and partners stay ahead in a well-regulated, dynamic, and competitive landscape,” said Pradeep Palazhi, Founder and Chief Executive Officer, ThinkBio.Ai®.

“We will integrate ThinkBio.Ai’s AI-powered R&D transformation solutions with UST’s strengths in digital transformation and Gen AI across life sciences – pharma, biotech, and medical devices. This strategic collaboration will drive innovation, accelerate time-to-value, and deliver measurable impact across the research and development value chain for our customers,” said Anu Koshy, Life Science cluster leader, UST.

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Surat (Gujarat) [India], August 8: On a humid August morning, before the crowds arrived and the banners fluttered high, something quite ordinary happened that felt… symbolic. A young woman, notebook in hand, stood quietly near Gate 2 of the Indoor Stadium, scanning the list of booths at the TAAPI Travel Expo 2025. She wasn’t there to plan a holiday. She was looking for work – or maybe, just a place to start again.

Over the next two days, she’d find both.

That’s the kind of ripple this year’s TTE-2025, hosted by the TAAPI Association, created in Surat. It wasn’t just a showcase of airline discounts and fancy resorts. It became a space of stories, of first steps, unexpected connections, and for many – hope that didn’t come printed on a glossy brochure.

A Start That Felt Bigger Than Ceremony

The event was formally flagged off at the Indoor Stadium on Ghod-dod Road on August 3, with the kind of dignitary presence you’d expect at a major city event. Names like Shri Nikhil Madrasi (SGCCI President), Shri Ashok Jirawala (FOGWA President), and Sushree Vandana Seth (VP, Akhil Hind Mahila Parishad) brought both gravity and applause. The Mayor of Surat gave it a warm push – talking not just about tourism, but its deeper contribution to jobs, economy, and cultural pride.

Nikhil Madrasi probably said it best:
“Events like this tell us how far Surat has come. We’re not just trading goods anymore – we’re exporting experience.”

By the time the speeches ended, over 2,000 people had already passed through the gates.

More Than Deals: The Quiet Power of Human Exchange

There were more than 170 exhibitors, offering everything from Diwali tour packages to remote eco-stays. Sure, there were crowd-pleasers: hourly lucky draws, flash discounts, selfies with regional mascots.

But you had to look a little closer to see where the real action was.

In quieter corners, job seekers were submitting CVs. Students from local institutes were taking notes, not flyers. At some booths, interviews were happening right on the spot. In total, more than 3,000 job openings were shared – a number that surprised even the organisers.

One exhibitor, a hotelier from Rajasthan, mentioned he hadn’t expected to meet so many capable young women. “They knew their tech, they knew the industry… and they just needed a chance,” he said, tucking away a stack of resumes for follow-up.

And that’s the kind of undercurrent that ran through the expo – especially for the 500+ women who came not as tourists, but as future business owners, travel consultants, and marketers. Many sat in on special mentoring sessions. Some walked out with business ideas. A few even found collaborators on the spot.

Day Two: When Business Dressed Down and Got Real

The second day was all B2B. But again, it didn’t feel stiff or scripted. There was a sense that everyone here – from small-town agents to larger hospitality firms – were actually listening to each other.

Over 500 professionals attended. Some scribbled down WhatsApp numbers on leaflets. Others did quick demo pitches on iPads. What stood out was how organic it all was – no stage management, no overuse of buzzwords. Just real conversations about where tourism in India is going.

Vinesh Shah, President of TAAPI Association, said it best:
“We wanted this to feel like a community, not a transaction. And I think we managed that.”

A Future Carved Quietly: TAAPI Travel Institute

Just as the energy was peaking, TAAPI VP Jignesh Patel dropped a little surprise: Surat will soon have a TAAPI Travel Institute – a dedicated centre for career courses in tourism and hospitality.

Not an announcement for applause. But for direction.

The idea is to build a pipeline of talent, trained with both knowledge and humility – the kind the industry so often forgets it needs.

For many of the students who visited TTE-2025, this bit of news felt like an open door.

When an Expo Becomes Something Else Entirely

By the time the booths were being packed up, there wasn’t much fanfare. But the stories lingered.

A woman from Varachha signed her first-ever partnership deal to sell custom tour packages. A 21-year-old hotel management student walked out with an internship offer. An elderly couple left clutching a leaflet for a Northeast India tour – a dream they had shelved for years.

That’s the thing about events like this. The metrics matter – 2,000+ visitors, 170+ exhibitors, 3,000+ job openings – yes, impressive. But what sticks is the smaller stuff. The real stuff.

Maybe next year, that girl at Gate 2 will be the one behind the counter, offering someone else their first opportunity. That’s how travel changes people – even when they don’t move an inch.

New Delhi [India], August 6: This funding will enable iShots^TM to launch its initial product lines, conduct extensive product sampling, garner consumer acceptance and establish a robust and scalable distribution channel comprising both online and offline.

iShots Beverages Pvt. Ltd., an emerging leader in the Indian Functional Nutrition space, announced the successful closure of its pre-seed funding round, raising a total of Rs. 2 Crores. The company seeks to revolutionize the functional beverages landscape in India by blending nutrition, innovation and flavor with a deep understanding of evolving consumer trends including growing health awareness, clean label movement and the need to balance health benefits with great flavor.

iShots^TM proprietary product line comprises functional wellness shots and fizzies, functional energy drinks, functional prebiotic + probiotic drinks that operate under its iShots^TM and Delulu^TM brand names. It plans to bring several firsts to the market including highly bioavailable liquid nutrition shots and herb infused carbonated drinks to support anti-aging, weight management, endurance, stress and mood management. All of the company’s products are Zero Sugar, Zero Calorie and made with curated and completely natural ingredients including Superfoods, Herbs, Vitamins & Minerals.

The company was founded in Mar this year by Ms. Nidhi Saxena, a 3X entrepreneur alongwith a team of Co-Founders including Food Technologists, Clinical Experts, and Seasoned Marketers. Nidhi had earlier successfully exited Karmic Lifesciences, her maiden venture. The pre-seed round drew participation from a group of angel investors in India and the US, all of whom recognized the immense potential and disruptive capabilities of iShots Beverages. This strategic injection of capital will be instrumental in accelerating the company’s mission to introduce unique, health-focused, and sustainable nutrition options to a diverse and growing Indian market.

“This funding round happens at a most opportune time when we are preparing to launch our first SKUs into the market,” said Ms. Nidhi Saxena, Founder & MD at iShots Beverages Pvt. Ltd. “The quick closure of this funding round within a month validates our vision. While we are not in a hurry to raise more funds, we will be looking for a larger Pre-Series round post product launch and seeing some on ground traction.”

Added Shrikant Gaikwad, the Chief Operating Officer of the company, “We took just 5 months to get our full product line-up and formulations ready and set-up the logistics backend. We are excited about going live shortly and hope to play big in this space as we scale.”

The Indian Packaged F&B Industry is a $220 Bn+ market growing at 8-10% CAGR. Within this, Packaged Health F&B is identified as a $10 Bn growing at a CAGR of 8.1% (2024) and projected to grow to $68.4 Bn by 2030 thereby presenting an exciting opportunity for agile startups like iShots Beverages. iShots Beverages Pvt. Ltd. is uniquely positioned to capitalize on this trend, thanks to its innovative approach and nimble operating model. The company’s focus on ingredient transparency, authentic flavors, and nutritional value alongwith a quirky brand positioning sets it apart from conventional beverage brands.

Contact Information

For media inquiries, partnership opportunities, or more information about iShots Beverages Pvt. Ltd. and its recent funding round, please contact:

Media Relations

iShots Beverages Pvt. Ltd.

Email: communications@ishotslife.com

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New Delhi [India], August 7:  iCODEX Publishing Solutions, company engaged in the business of Software Product Development for Scholarly Publishing, is planning to raise up to Rs. 42.03 crore from its SME public issue. The company has received approval to launch its public issue on SME Platform of the Bombay Stock Exchange. The public issue opens for subscription on August 11 and closes on August 13. The Proceeds of the public issue will be utilised towards purchase of new office premises and hardware, for working capital requirements, for general corporate purposes and offer for sale. Indcap Advisors Private Limited is the sole book-running lead manager of the issue.

Highlights:-

• Issue opens for subscription from August 11 to August 13
• The company is engaged in the business of Software Product Development for Scholarly Publishing
• Minimum lot size for application is 2400 shares; Minimum IPO application amount is Rs. 2.35 lakh on lower side of the price band
• For FY24-25 company reported revenue of Rs. 22.08 crore and Net Profit of Rs. 8.96 crore
• Indcap Advisors Pvt. Ltd. is the book-running lead manager of the issue

The initial public offering of up to 41,20,800 equity shares of face value Rs. 10 each comprises of fresh issue of up to 31,89,600 equity shares and an offer for sale of up to 7,24,800 equity shares. Balance 2,06,400 equity shares are reserved for Market Maker. Company has fixed price band of Rs. 98-102 per equity share for the public issue. With the lot size of 1200 shares, the minimum lot size for retail investors is 2400 shares, amounting to a minimum investment of Rs. 2,35,200 at lower price band and at Rs. 2,44,800 at higher price band. The minimum lot size investment for HNI is 3 lots (3600 shares), amounting to Rs 3,67,200 at cap price. Shareholding will increase from 1,22,41,020 shares pre-issue to 1,56,37,020 shares post-issue.

The company plans to utilise the fund towards various purposes. Rs 16.70 crores will be utilised towards the purchase of new office premises, whereas Rs 1.12 crores will be utilized to purchase hardware for new office. Rs 5.20 crores will be spent on Working Capital Requirement. Incorporated in 2018, iCODEX Publishing Solutions Limited is engaged in the business of Software Product Development for Scholarly Publishing.

The company develops software products that assist in publishing research papers and academic articles, supporting the entire process from manuscript preparation to print and digital content distribution.

The company offers Business Process Management services, including quality assurance, editorial services, and back-end support, to assist global publishing clients throughout the publishing process. The company offers IT support services which includes installation of all kinds of hardware and peripherals and back-end support.

The company has strong expertise in the publishing domain and is led by an experienced team. It has built strong customer relationships and offers complete publishing solutions. The company’s business is driven by technology, making its services efficient and reliable.

As of June 30, 2025, the company has 116 employees.

Business Highlights:-

The company’s revenue from operations for the Fiscal 2025 & Fiscal 2024, respectively, was Rs. 21.87 crores & Rs. 10.40 crores, a Y-o-Y increase of 110%. EBIDTA for Fiscal 2025 & Fiscal 2024 was Rs. 13.43 crore & Rs. 4.26 crore respectively. Profit after tax for the Fiscal 2025 & Fiscal 2024 was Rs. 8.96 crore and Rs. 4.40 crore respectively, a Y-o-Y rise of 104%. The company’s PAT Margin was 40.56% and EBITDA Margin was 61.39% for FY25.

As of March 2025, the Net Worth of the company was reported at Rs. 19.05 crore. As of March 2025, the ROE of the company was 47.51%, ROCE at 110.07% and RoNW at 47.02%. Shares of the company will be listed on the BSE SME platform.

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Mumbai (Maharashtra) [India], August 7: Asahi India Glass Ltd. (AIS), India’s leading integrated glass and window solutions company, is proud to announce the launch of the 7th edition of its national-level design competition -AIS Design Olympiad (ADO) 2025–26. It is open to architecture students across institutions in India. With registrations now open, ADO continues to serve as a dynamic platform for the next generation of architects to showcase their creativity and vision.

In line with its mission to bridge the gap between academic learning and professional practice, ADO 7.0 invites architecture students across India to reimagine the modern workplace through the lens of sustainability and innovation. This year’s theme – “Designing Sustainable Façades for Smarter, Greener Workspaces” – challenges students to design intelligent building façades that enhance performance, support occupant well-being, and adapt to the evolving environmental landscape.

The competition is open to undergraduate students from the 3rd to 5th year of all architectural colleges in India.

Speaking about the initiative, Mr. Vikram Khanna, COO – Consumer Glass & Architectural Institutional Business and CMO – AIS, said, “At AIS, we recognize the growing importance of sustainable design, and through ADO 7.0, we aim to instil this consciousness among future architects. Participants are encouraged to explore new materials, advanced construction techniques, and emerging technologies—pushing the boundaries of conventional design to create efficient, future-ready structures. This competition is not just about design excellence; it’s about fostering an understanding of responsible building practices, technical precision, and human-centric innovation.’’

Curated by acclaimed architects Ar. Vivek Bhole, Principal, Vivek Bhole Architects Pvt. Ltd. (VBA), Mumbai. and Ar. Karl Wadia, Design Principal, Hafeez Contractor, Mumbai, who also serve as national jury members, ADO follows a rigorous multi-stage evaluation process. Every entry is reviewed by a distinguished panel comprising some of India’s most respected architects at both regional and national levels. Beyond competition, ADO is a holistic learning experience – students gain valuable mentorship from industry leaders and develop an early understanding of real-world architectural challenges.

Ar. Vivek Bhole, remarked, “Architecture has the profound ability to shape the way we live, work, and interact with the world around us. In the face of climate urgency and evolving work culture, the responsibility of architects extends beyond form and function—it is about creating regenerative spaces that inspire and perform. ADO 7.0 inspires the students to challenge conventional boundaries, rethink façades as more than enclosures, and design them in a manner that fosters collaboration, creativity, and sustainability.”

Ar. Karl Wadia, added, “A truly net-zero green workspace is more than just an efficient shell – it is a living, breathing ecosystem that nurtures innovation, well-being, and sustainability. As architects, we have the power to redefine façades — transforming them from static envelopes into dynamic contributors to energy efficiency, daylight optimization, and user comfort. With ADO 7.0, students of architecture step into the future, embracing new possibilities to create workspaces that don’t just function — they inspire.’’

Registrations close on 30th November 2025.

For complete details and to register, visit: www.aisglass.com/ado

About Asahi Glass India (AIS)

AIS is India’s leading integrated glass and windows solutions company. It provides end-to-end solutions to the customers right from manufacturing, processing, fabrication and installation. It is a sand-to-solutions organization offering varied glass products and solutions for the industrial as well as end customers in the domestic and international markets. AIS strictly adheres to the stringent quality norms of both the global and domestic OEMs and follows all Indian and International quality standards.

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Mumbai (Maharashtra) [India], August 7: Manzil Asset Management , which manages over $500 million in global real estate assets, successfully hosted the inaugural edition of Manzil Majlis—a private UAE-focused investment summit—on August 2, 2025, at The Bay Club, BKC, Mumbai.

Unlike traditional real estate expos, Manzil Majlis is positioned as a closed-door, education-first initiative, bringing together a carefully curated audience of over 250 attendees. The summit featured a unique mix of Indian UHNIs, HNIs, family offices, venture capitalists, private equity partners, wealth advisors, and entrepreneurs, offering a strategic platform to decode the evolving dynamics of investing in Dubai’s real estate and business ecosystem.

Departing from transactional showcases, the event featured in-depth, closed-circle sessions with senior policymakers from Dubai, international legal and tax experts, and top-tier developers including Damac, Binghatti, and One Development. Notably, over 15 developers from Mumbai and Pune also attended, exploring opportunities to scale their operations into the UAE market.

The summit emphasized practical frameworks for international investment, focusing on five key themes:

• Understanding Dubai’s rental yield cycles and resale market
• Golden Visa eligibility and long-term migration strategies
• Legal structuring using SPVs and international holding companies
• Leveraging India’s LRS (Liberalised Remittance Scheme)
• Accessing fractional ownership, distressed assets, and off-market deals

The speaker roster featured notable names such as: Saagar Panchal, CEO & Founder, Manzil Asset Management; Sanjay Manchanda, former CEO of Nakheel; Ashish Mehta, Legal expert and Managing Partner, Ashish Mehta & Associates; CA Sarthak Ahuja, CFO, Author & Leading Financial Expert; Prateek Tosniwal, international tax and structuring advisor; Pratik Singh, GM, Manzil Asset Management; Cornelia Pintilie, CSO, Manzil Asset Management; Rashed Al-Tamimi, Director, Investment Sales & Partnerships;  Chintan Vasani, Director at B D Vasani & Co. and Rajat Kaura, Creative Director, Manzil Asset Management.

According to Saagar Panchal, the vision for Manzil Majlis is long-term. “This is not a one-time gathering. Manzil Majlis is the entry point to a larger Manzil UAE Investment Circle—a private community that facilitates verified deal flow, migration services, and custom investment advisory for Indian capital looking to expand abroad.”

Highlighting comparative returns, he noted, “A Rs.2 crore property in Mumbai may offer Rs.4 lakh in annual rental income, while the same amount invested in Dubai often yields Rs.10–12 lakh annually—without the burden of direct taxation.”

Legal and tax experts at the summit addressed structural bottlenecks that have historically limited Indian investor access to global real estate markets. Prateek Tosniwal, International Tax Consultant, stated that the event is expected to generate investment commitments upwards of Rs.250 crore in Dubai over the coming months.

Rajat Kaura, Creative Director & Brand Advisor, Manzil Asset Management stated, “Manzil Majlis is the opportunity to be a part of an exclusive investment inner circle. It’s where discerning investors meet real data-centric strategy. For UHNIs, it’s a chance to tap into Dubai’s next wave of growth aligned to the growth strategy of the UAE. For us, it’s the start of building an IP that rewrites the playbook, where education, access, and asset intelligence converge. This isn’t hype. It’s legacy in motion.”

The broader investment sentiment echoed optimism. With Dubai’s prime real estate zones showing 20–30% year-on-year appreciation, and net tax-free rental yields between 7–10%, Indian investors are increasingly seeking institutional guidance for global portfolio diversification.

Speaking at the event, Cornelia Pintilie emphasized Dubai’s infrastructural growth, pointing to the new airport zone, upcoming economic hubs, and strong education ecosystem as catalysts for sustainable real estate demand. “Our model offers full-spectrum portfolio management—from asset selection and due diligence to post-possession rental support.”

Rashed Al-Tamimi highlighted Dubai’s safe environment, strong logistics, and welcoming business policies as key drivers for Indian interest. “We see Indian investors as partners in our long-term vision for regional growth,” he said.

Despite rising interest, experts cautioned that reliable advisory, transparency, and long-term servicing remain critical to capital deployment in overseas markets. Manzil Majlis aims to bridge this trust gap through a neutral, insights-driven format, equipping investors with not just options—but the right questions to ask and frameworks to adopt.

For additional details and upcoming initiatives, visit www.manzil.am

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Mumbai (Maharashtra) [India], August 7: Veefin Solutions Limited (BSE: VEEFIN | 543931), a leading global provider of working capital technology solutions, today announced that its Board has granted in-principle approval for the consolidation of its subsidiaries, Estorifi Solutions Limited (“Estorifi”) and GlobeTF Solutions Limited (“GlobeTF”), with the parent company by way of merger or such other means.

This marks a significant milestone in Veefin’s mission to create the world’s most comprehensive and scalable working capital technology platform. The move will bring all core product verticals—embedded finance, trade finance, digital lending, and cash management—under one integrated umbrella.

Creating Synergies Across a Unified Platform

Over the last year, Veefin has built a robust and interoperable financial ecosystem through organic growth and strategic acquisitions. Each business now complements the other, forming an end-to-end technology stack for financial institutions and corporates:

• Estorifi (operating PSBXchange) connects Corporates and SMEs onfintechs, marketplaces, and other non-financial platforms for their SCF, Trade finance and working capital needs to multiple Banks and NBFCs. This unified platform is a global-first, and will act as the common technology bridge for financial institutions.

• GlobeTF enhances Veefin’s capabilities by integrating transaction banking solutions, including trade finance and cash management, into a comprehensive transaction banking suite.

• Together, they complete Veefin’s vision of a modular, API-first infrastructure that supports the entire working capital lifecycle – from loan origination to collections, and from invoice automation to risk monitoring.

Speaking on the announcement, Mr. Raja Debnath, Chairman & Managing Director of Veefin Solutions Limited, said: “This consolidation marks a natural progression in our journey to build the world’s most comprehensive and scalable working capital platform. It simplifies our corporate structure and accelerates our long-term vision of creating the largest global working capital ecosystem. A unified structure empowers us to execute strategic priorities more efficiently – be it expanding recurring revenues, entering new markets, or unlocking cross-sell and upsell opportunities across our client base – ultimately reducing customer acquisition costs and increase in revenue”

Mr. Gautam Udani, COO & Whole-Time Director, added: “This proposed consolidation will unlock operating leverage and significantly enhance our product proposition. It gives us the agility to innovate faster, offer bundled solutions across supply chain, trade and embedded finance, and deliver a truly seamless experience to our clients.”

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