Tag: Business

New Delhi [India], March 20: Alieus Hedge Fund is pleased to announce that it has received expressions of interest for Series B funding, following its decision to decline Series A offers from various venture capital financing companies. This move underscores the firm’s strategic approach to securing the right investment partners who align with its long-term vision and growth objectives.

With approximately $30 million in Assets Under Management (AUM) and regulatory approvals under Luxembourg RAIF and the Cayman Islands Monetary Authority (CIMA), Alieus Hedge Fund continues to strengthen its position as a leading player in the alternative investment space. The interest in Series B funding highlights investor confidence in the firm’s business model, performance, and future potential.

Mr. Ashish Jain, Founder & CEO of Alieus Hedge Fund, commented: “We carefully evaluated our Series A funding options and chose to decline offers that did not align with our strategic direction. The strong interest in our Series B round reflects our continued growth and ability to attract investors who share our long-term vision.”

Alieus Hedge Fund has been expanding rapidly, attracting investors from India, the UK, Malaysia, Singapore, Mexico, and other regions. The firm has hosted high-profile investor events in Dubai, Thailand, Singapore, Azerbaijan, Mauritius, Georgia, Vietnam, Indonesia, Malaysia, Sri Lanka, and Hong Kong. Additionally, its recent application for Alternative Investment Fund (AIF) registration in India further solidifies its regulatory standing.

The Series B funding round is expected to support Alieus Hedge Fund’s next phase of expansion, including new investment strategies, technological advancements, and broader market reach. The firm remains committed to delivering strong, risk-adjusted returns while maintaining a focus on transparency and regulatory compliance.

About Alieus Hedge Fund:

Alieus Hedge Fund is a global investment firm specializing in alternative investments and hedge fund strategies. With a growing AUM of $30 million and regulatory oversight in Luxembourg and the Cayman Islands, the firm continues to expand its global presence and offer innovative investment solutions to its investors.

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New Delhi [India], March 19: In the fast-evolving landscape of financial services, one name stands out with a mission to transform wealth management—Lav Kumar. With over two decades of experience in Banking and Financial Services, Mr. Kumar has held multiple roles including leadership roles in reputed organizations such as ICICI Prudential Life Insurance, Aditya Birla Sunlife Mutual Fund, Motilal Oswal Mutual Fund, Principal Mutual Fund, and LIC Mutual Fund. Leveraging his vast industry expertise, he has now launched MFONLINE, a revolutionary fintech platform that serves as a one-stop solution for wealth creation.

The Vision Behind MFONLINE

MFONLINE is not just another financial platform; it is a research-led investment ecosystem designed to empower investors with long-term wealth creation opportunities. Unlike many fintech giants that promote short-term trading, MFONLINE focuses on sustainable financial growth by offering a diverse portfolio of investment products. From Mutual Funds to Portfolio Management Services (PMS), Alternative Investment Funds (AIF), and Insurance, MFONLINE provides a seamless, all-in-one investment experience.

The Turning Point: From Corporate Leader to Fintech Entrepreneur

Having spent over 20 years in leading financial organizations, Lav Kumar realized a significant gap in the industry—investors were often nudged towards short-term gains rather than long term wealth creation. This insight motivated him to leave his corporate career and bootstrap MFONLINE, a fintech venture aimed at providing transparent, research-backed investment solutions. With a strong belief in democratizing financial knowledge and access, he embarked on a mission to help investors make informed decisions without falling prey to speculative trading.

Overcoming Challenges in the Fintech Space

Launching a fintech venture in an industry dominated by major players comes with its own set of challenges. The financial sector is crowded with platforms that emphasize trading over long-term investment. However, MFONLINE differentiates itself by offering a unique, non-DMAT-based account creation platform. This allows users to link their investment with their Goals & track it across multiple asset classes, including Insurance, PMS, and Direct Stocks, all while benefiting from high-quality mutual fund research at zero subscription cost.

Gaining investor trust and competing with well-funded fintech firms required an innovative approach, but Lav Kumar’s unwavering dedication and deep industry insights helped MFONLINE carve out a niche in the wealth management sector.

Remarkable Achievements and Growing Success

Despite being a relatively new entrant in the fintech space, MFONLINE has achieved impressive milestones within a short period. The platform has already garnered over 5,000 app logins within just a few months of its launch, reflecting its growing popularity among investors seeking a reliable and research-driven investment platform. This success underscores the demand for a fintech solution that prioritizes wealth creation over speculative trading.

A Mission to Create 1,000 Crorepatis

Lav Kumar’s vision extends beyond building a fintech company; he aims to create 1,000 Crorepatis through MFONLINE’s systematic and research-backed investment strategies. By equipping investors with the right tools, knowledge, and investment options, MFONLINE is empowering individuals to achieve financial independence and long-term prosperity.

Expanding Financial Literacy Through Podcasts

To further his mission of educating investors, Lav Kumar is launching an exclusive Podcast series with first Podcast on Women’s Day featuring an interview with the Chief Business Officer (CBO) of Quantum Mutual Fund and Ex-Chief Investment Officer (CIO) of Fixed Income of Principal Mutual Fund. This initiative is aimed at providing valuable insights into financial planning, investment strategies, and the role of women in wealth management. By bringing expert perspectives to the forefront, this podcast will serve as a valuable resource for both new and seasoned investors.

Connect with MFONLINE

MFONLINE is committed to making wealth creation accessible to all. To explore the platform and learn more about investment opportunities, visit www.mfonline.co.in.

For updates, educational content, and expert insights, follow MFONLINE on:

• YouTube: Savvy Savers

For inquiries, reach out at info@mfonline.co.in or call 9372968902.

Final Thoughts

With a strong foundation in financial research and an unwavering commitment to investor success, MFONLINE is set to redefine the wealth management landscape. Lav Kumar’s journey from a corporate leader to a fintech entrepreneur is an inspiring testament to the power of vision, determination, and innovation. As the platform continues to grow, it holds the promise of transforming thousands of lives by fostering smart investment habits and sustainable wealth creation.

Stay tuned for the Women’s Day podcast and join the journey toward financial empowerment with MFONLINE!

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Nagpur (Maharashtra) [India], March 19: Nagpur based Active Infrastructures Ltd, an an infrastructure focused company, specializes in construction of Road, flyovers, water supply systems and commercial project construction is launching its public issue on NSE Emerge. The Book building public issue in the price band of Rs. 178-181 per share opens for subscription on March 21 and closes on March 25. Company plans to raise up to Rs. 77.83 crore(assuming full subscription at the upper price band of 181 per share)

The Proceeds of the public issue will be used for business expansion including Funding working capital requirements, Repayment/ Prepayment of Certain Borrowings availed by the Company and Margin Money for obtaining Bank Guarantee, Capital expenditure towards purchase of construction equipment and general corporate purposes. Kreo Capital Private Limited is the Book Running  Lead Manager of the issue.

The initial public comprises of a fresh issue of 43,00,200 equity shares of face value Rs. 5 each in the price band of Rs. 178 to Rs. 181per share. Out of the issue proceeds, company plans to utilize Rs.38.98 crore towards meeting working capital requirements, Rs. 16.72 crore towards repayment/pre-payment of borrowings availed and Margin Money for obtaining Bank Guarantee  and Rs. 7.05 crore for Capital expenditure towards purchase of construction equipment and remaining for general corporate purpose. Minimum lot size for the application is 600 shares which translates in to investment of Rs. 1,08,600 per application at higher price band of Rs.181 per share.

Highlights:-

• Fresh Public issue of Rs. 77.83 crore at a higher price band of Rs. 181 per share; Issue opens from March 21 to March 25, 2025
• Minimum lot size for application is 600 shares; Minimum IPO application amount Rs. 1,08,600 at Rs. 181 per share
• Funds raised through the issue will be used for working capital requirements, Repayment/pre-payment of certain borrowings and Margin Money for obtaining Bank Guarantee, Capital expenditure towards purchase of construction equipments and general corporate purposes
• For FY23-24 company reported revenues of Rs. 97.43 crore and Net Profit of Rs.10.45 crore; For the six months of FY25 ended September 2024, company reported revenue of Rs. 33.90 crore and Net Profit of Rs. 5.56 crore
• Kreo Capital Private Limited is the Book Running Lead Manager of the issue.

Retail investor quota for the IPO is kept at not less than 50.01% of the net offer. QIB quota is kept at not more than 10.00 % and Non-Institutional Investor quota at not less than 39.99% of the offer. Promoter holding post issue will be 71.36%.

Incorporated in 2007, Active Infrastructures Limited is a civil construction company. The company specializes in infrastructure development and commercial project construction. The company focuses on infrastructure projects like roads, bridges, water supply systems, and irrigation, while also constructing commercial spaces such as office complexes, retail centers, exhibition halls, and educational institutions. The company operates across India, with projects in Maharashtra, Madhya Pradesh, Uttar Pradesh, and Tripura. It focuses on customer satisfaction, ensuring quality and safety in all completed, ongoing, and upcoming projects.

Key Business Segments:

Infrastructure Development: Expertise in roads, flyovers, water supply systems, irrigation, and heritage site restoration, ensuring quality and sustainability.

Commercial Construction: Development of modern office spaces, retail centers, and exhibition halls. Notable projects like RIAAN Tower promote business growth and community engagement.

For FY23-24 ended March 2024, company has reported net profit of Rs. 10.45 crore and revenue of Rs. 97.43 crore with a strong return ratios including ROE at 36.22%, ROCE at 14.90%, RONW at 36.22% and PAT margin of 10.75%. For the six months ended September 2024, company reported revenue of Rs. 33.90 crore and Net Profit of Rs. 5.56 crore.

As on 30^th September 2024, Net Worth of the company was reported at Rs. 32.51 crore, Reserves & Surplus at Rs. 24.81 crore and Asset base of Rs. 97.16 crore. Shares of the company will be listed on NSE Emerge platform.

IPO Highlights – Active Infrastructure Ltd
IPO Opens on	March 21, 2025
IPO Closes on	March 25, 2025
Price Band	Rs. 178-181 Per Share
Fresh Issue Size	43,00,200 shares
Lot Size	600 Shares
Listing on	NSE Emerge Platform

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New Delhi [India], March 18: Hafele’s Loox Range has been meeting the demands for lighting in furniture as well as the growing needs for networking and digitalization since the last 10 years. The solutions offered within this range maximize simplicity and flexibility as well as assure high reliability. The range presents itself as a unique combination of elegant design and state-of-the-art technology making it the perfect choice for any home furniture application; be it Task Lighting for Kitchen cabinets and plinths, Decorative Lighting for Living Room Showcases, Mood Lighting for Bedroom Applications or pure Functional Lighting in Wardrobes.

With the ever-increasing demands for quality and specialized lighting solutions not just for furniture but also for rooms, Hafele in 2019, expanded its range offering to include ceiling cove lighting which incorporates our high-quality strip lights. It was during this period that we realized that among the numerous ceiling light types available in the market, interior architectural lighting had a huge demand, however there weren’t many prominent brands that offered these solutions. On one side, there existed local market players that offered these solutions without effective quality assurances, while on the other there were international brands that only catered to projects with no stable price offering or service support. This left majority of the customers without a viable choice in the market.

Identifying this distinct gap early on as an opportunity, Hafele initiated the research and engineering for a range of lights that enhances the design of architectural spaces as well as provides opportunities of achieving different illumination techniques and functionalities. As a brand, Hafele understands design and is known for its bend towards innovation. It also understands the importance of home ergonomics, lifestyle conveniences and ease of mobility within your surroundings. Our efforts towards this exercise led to the development of a versatile range of architectural lights; Hafele Architectural Lights was brought into existence.

With Hafele’s New Architectural Lighting Range you will find all your lighting needs taken care of. Whether it is lighting up a small area, highlighting a wall texture, emphasizing on a work of art, illuminating the floor space at night or simply ensuring even distribution of light across the entire space – these lights have got you covered. The range, consisting of 9 series, covers various applications, installation techniques and design themes. Each series comes with a comprehensive offering of the different types of interior lights, be it downlights, spotlight or wall washers, which allows you to implement a consistent design theme (in terms of the lighting fixtures) across the space available, even with differentiated illumination techniques. The biggest advantage this range carries is the absolutely low Unified Glare Rating (UGR). The lower the UGR rating, the lower the glare from the light fittings which therefore results in comfortable illumination in your living spaces.

The convenient plug-and-play assembly, impressive product specifications, flexibility in ordering components, luminaire finishes, and availability of glare reduction accessories provide an overall customized option tailored to your specific requirements. Engineered on the same philosophy of ‘easiness’ and ‘flexibility’ as the Loox furniture lighting system, Hafele can now be your holistic, lighting solutions provider, delivering premium ambient, task and accent lighting for your living spaces.

Delft Series

Recent preferences among architects in the industry have evolved more in favour of having compact, minimal light fixtures that do not interfere with the overall design theme. Additionally, there is a strong inclination towards installing fewer luminaires that cover a significant portion of the ceiling space and illuminate a given area effectively. The Delft Series Architectural Lights was developed to cater to higher illumination in the downlight and spotlight series with its small and exquisite design.

Hafele now introduces the 10W light engine to this series. Available in two colours, black and white, the Delft Series is best suited for dining rooms, hotel rooms, bedrooms, living rooms, and display areas with its deep baffle design which equally distributes the light toward the center. With the help of a simple plug-and-play concept, the luminaires from the Delft Series have an entirely tool-free installation.

Loox Anti-Glare Profiles

Glare is the difficulty one experiences in seeing, in the presence of bright light sources like sunlight or artificial light. Glare often causes discomfort and irritation, which makes the user experience inconvenient. The Unified Glare Rating (UGR) measures how much glare is produced by artificial lighting in any space. The lower the UGR rating, the lower the glare. To achieve comfortable illumination in your living spaces, the UGR of the luminaires is recommended to be below 20. Lighting with low UGR also enhances the aesthetic appeal of any space.

When it comes to furniture lighting, Hafele’s Loox linear profiles (profiles 1105, 1107 and 2104) enable seamless illumination, thanks to their unique design. These asymmetric profiles offer a glare free light source by giving a light output at an angle, so that the light gets focused only towards the object to be highlighted, and not on the user.

Website: https://www.hafeleindia.com/en/

Customer Care Toll Free: 1800 266 6667

Established as a wholly owned subsidiary of Hafele Global network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nation-wide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop-shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

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New Delhi [India], March 18: Hafele introduces a new perspective to home security with its integrated range of Digital Home Security Solutions. With this range we bring to you the most advanced technologies in digital access modes, safety features, convenient settings and much more; attempting to provoke a serious thought towards home security. These solutions from Hafele can allow you to control multi-dimensional aspects of home access through a single locking device, as per your specific lifestyle and at the leisure of your convenience.

ProLock, PL50 Access Control System

Prolock, the electronic access control and identification system by Hafele makes it simpler to organize effective procedures for hotels, providing maximum convenience for guests and operators. This system replaces your old room keys with keyless access that allows you to integrate all of your own and your guest’s security needs into one stylish, energy efficient and reliable package. Easily scalable access points, any number of users and locking plans coordinated with individual requirements, in combination with our comprehensive on-site service, bring to life a customized access control management system, engineered by Hafele.

Packaged in a simplistic design, Hafele’s PL50 digital lock packs in versatile unlocking modes including RFID cards, Bluetooth and the standard mechanical keys. This battery-operated lock comes with 4 lever handle design options – E lever handle, D lever handle, H lever handle and K lever handle, and 3 premium finishes of Satin, Gold and Black Matt, seamlessly complementing your premium interiors.

RE-Twist Digital Lock

Because your door requires a comprehensive security solution!

Hafele’s RE-Twist Digital Lock with its sinuous design, that encapsulates extensive features, provides an attractive highlight to your door aesthetics. Laden with smart security elements such as auto-locking and manual safety locking which can be accessed from the interiors, RE-Twist ensures utmost safety. It also includes the functionality of a door-bell within the lock body – thereby eliminating the need of installing a separate door-bell module. Additionally, it comes with multiple access modes making door operations effortless and adaptable.

Log onto https://www.hafeleindia.com/en/info/service/contact-us/410/ to find the nearest

Hafele showroom or design centre.

Established as a wholly owned subsidiary of Hafele Global network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nation-wide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop-shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

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New Delhi [India], March 18: The luxury housing segment in India’s real estate sector is experiencing a remarkable boom, driven by a growing demand for high-end living spaces. This trend is not only reshaping the residential landscape but also propelling the overall growth of the real estate industry.

Sidhant Gupta, former director of Kwality discusses the rise of luxury housing and how this trend is here to stay.

In 2024, India witnessed a significant surge in the demand for luxury homes priced at Rs 4 crore and above, with sales increasing by 53% across seven major cities. According to CBRE’s data, the total number of luxury housing units sold reached 19,700, marking a substantial rise from the 12,895 units sold in the previous year. This remarkable growth underscores the robust demand for high-end properties in India’s key urban markets.

Sidhant Gupta notes, “The luxury housing boom in India is a testament to the country’s growing wealth and the aspirations of its affluent class. The demand for luxury properties is no longer just about owning a home; it’s about making a statement of status and enjoying an elevated lifestyle.”

But why is this the luxury segment booming?

This boom is driven by a combination of economic, social, and lifestyle factors that have transformed the residential landscape across major cities like Mumbai, Delhi-NCR, Bengaluru, and Hyderabad.

The rapid growth of high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs) in India is a pivotal factor driving the demand for luxury properties. As of 2024, India ranks sixth globally in UHNIs, with a population of approximately 13,600, marking a 6% annual growth rate. This figure is projected to rise by 50% by 2028, significantly outpacing the global average growth rate of 30%.

HNIs, defined as individuals with investable assets of at least $1 million, are also on the rise, with their numbers expected to double from 850,000 to 1.65 million by 2027. Notably, a significant portion of these millionaires are young entrepreneurs, with 20% of HNIs under the age of 40 and 15% under 30, driven by success in start-ups and tech ventures. This demographic shift is reshaping wealth creation, with a focus on innovation and entrepreneurship rather than traditional inheritance.

Sidhant Gupta believes, “The traditional path to wealth, once heavily reliant on inheritance, is giving way to a new era of self-made success. Today, India’s young entrepreneurs are increasingly forging their own paths to prosperity, leveraging innovation and technology to build their fortunes from scratch. This shift isn’t just about changing how wealth is created; it’s about redefining what it means to be successful in India.”

The growing wealth and disposable income of HNIs and UHNIs have led to increased spending on luxury goods and services, including high-end real estate. Luxury homes, which offer exclusivity, status, and lifestyle enhancements, have become a preferred investment option for these affluent individuals. The demand for luxury properties is not just about owning a home; it’s about making a statement of status and enjoying an elevated lifestyle that reflects their wealth and aspirations.

Another factor is that the COVID-19 pandemic has profoundly impacted lifestyle preferences, particularly in the luxury housing sector. There has been a marked shift towards larger, more integrated living spaces that prioritize wellness and offer a seamless blend of technology, comfort, and exclusivity.

“Luxury homes are no longer just about opulence; they are now designed to provide holistic living experiences that cater to physical, mental, and emotional well-being.” Says Sidhant Gupta “This includes the incorporation of wellness-focused amenities such as meditation rooms, yoga studios, spas, and hydrophilic gardens, all of which enhance residents’ health and well-being, he adds.

The integration of smart home technology has become a standard feature in luxury homes, enhancing convenience and security. These systems include voice-controlled operations, automated lighting, temperature control, and advanced security systems.

Additionally, luxury buyers increasingly seek personalized services that make their lives easier, such as private concierge services, support staff, and exclusive clubhouse memberships, offering residents a lifestyle akin to that of a luxury hotel.

The shift towards remote work has also redefined buyer preferences, with larger, more versatile living areas becoming highly sought after. These spaces often include dedicated office areas, allowing residents to work from home efficiently.

Future Outlook

The luxury housing market in India is expected to continue its upward trajectory in 2025, driven by the rise of new micro-markets, infrastructural developments, and a growing appetite for sophisticated living.

The proactive measures announced in the Union Budget 2025, such as increased tax exemptions, are likely to further boost disposable incomes and encourage aspirational buyers to explore luxury housing options.

As the country continues to experience rapid wealth creation, which leads to evolving housing needs, the demand for luxury homes is poised to remain strong, shaping the future of India’s real estate landscape.

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Surat (Gujarat) [India], March 18: Chirag Nakrani, the dynamic Founder and Director of Rayzon Solar, has added a new feather to his already decorated cap by becoming the first-ever entrepreneur from Surat to feature as a Shark on Shark Tank India. This milestone is not just a personal achievement for Chirag, but a moment of pride for the entire city.

A passionate advocate for sustainability, Chirag founded Rayzon Solar with a singular vision — to contribute to the planet by providing innovative solar solutions. This commitment to environmental conservation has been the driving force behind his entrepreneurial journey. Now, with his appearance on Shark Tank India, Chirag is determined to take his mission beyond the borders of India and make a global impact. Be sure to catch his episode on SonyLiv, airing on March 17th and 18th, 2025.

Chirag’s approach to business is miles away from stereotypes. While many entrepreneurs are focused on profit margins and growth, Chirag has consistently prioritized the bigger picture—making a positive impact on the environment. “My goal isn’t just about doing business. It’s about creating a future where businesses grow in solace with nature,” he says. He views every new venture through the lens of sustainability, ensuring that growth doesn’t come at the expense of the increased carbon footprints.

In his role as a Shark, Chirag not only mentored aspiring entrepreneurs but also directed them to embrace eco-friendly business practices. “The aspirations, energy, and creativity young entrepreneurs bring is unmatched, but it’s important to channel that energy into solutions that benefit the planet,” Chirag advises.

Reflecting on his time as a Shark, Chirag shared, “India is buzzing with entrepreneurial energy. What excites me the most is how new-age entrepreneurs are solving real-world problems while improving lives. Shark Tank India is the perfect platform to showcase these bright minds, and interacting with them was truly invigorating.”

Chirag’s rapid rise is an inspiration for young entrepreneurs. His journey shows that success can be achieved while staying committed to sustainability, proving that the two are not mutually exclusive but rather complementary.

Visit: www.rayzonsolar.com