Archive: June 3, 2022

Colliers strengthens its Capital Markets & Investment Services capability

Anant Bir Singh to lead Bengaluru Land and Capital Markets business

BENGALURU, INDIA, JUNE 03, 2022 – Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) today announced the appointment of Anant Bir Singh as Senior Director & Head for its Capital Markets & Investment Services (CMIS) team based in Bengaluru, effective immediately.

With a demonstrated leadership and excellent track record, Singh joins Colliers from Adarsh Developers, where he served as the Vice President (Business Development) & Head (Commercial). Before this, he was part of Century Developers and JLL, where he held various roles and responsibilities for over 11 years. This is Singh’s second stint with Colliers, as he comes back to Colliers to accelerate his career with the firm.

An industry veteran with more than 18 years of real estate industry experience, Singh has worked extensively on various aspects of real estate investment management, strategy, and asset lifecycle analysis. As a well-known name in the industry, Singh is adept at managing significant investment and divestment processes for assets, lands, and funds and has led several high-value transactions to drive exceptional results for his clients.

Piyush Gupta, Managing Director, Capital Markets & Investment Services, Colliers India, added: “At Colliers, we continue to add industry leading talent to drive success of our clients and the organisation. We are delighted to get Anant on board and with his diversifeid experience across managing real estate investments, advising clients on capital, growth and assets, he would drive the Bengaluru land and Capital Markets business and endeavour to take it to higher levels.”

Singh will be responsible for growing Colliers’ CMIS capabilities and identifying investment opportunities in the region. In this capacity, he will leverage his industry experience to expand relationships with clients further while collaborating with experts across the country to acquire new business opportunities.

Anant Bir Singh added, “Colliers is one of the leading international organisations in the field, and it’s an absolute privilege for me to join the team of renowned experts. In the current challenging environment, we would endeavor to expand and enhance client relationships by providing strategic solutions embodying a complete understanding of the ecosystem”.

Ramesh Nair, CEO, India & Managing Director, Market Development, Asia, Colliers said: “I am very happy to welcome Anant to the Colliers team. Colliers has entered a new phase of growth, enabling us to service a broader range of clients and offer diverse and customized solutions. We are building scale, and with the addition of exceptional talent at all levels, we are strengthening our capabilities and commitment to maximize the potential of our client’s property.”

IFC invests US$15 million in Nazca III to promote technology-enabled businesses In Mexico and Latin America

México City, México, June 3rd 2022. The International Finance Corporation (IFC), member of The World Bank Group (WBG), announced a US$15 million investment in Nazca III, a venture capital (VC) fund focused on investing in early-stage technology companies seeking to transform Mexican and Latin American industries through tech-enabled business models.

Nazca III will be managed by Nazca, a VC firm founded in 2014 focused on backing Latin American entrepreneurs that are building transformative technology-enabled businesses in sectors like fintech, mobility, education, health and e-commerce.

Jennifer McLeod Petrini, IFC’s Regional Lead for Funds and Disruptive Tech investments in Latin America, stated: “IFC continues to expand its reach in Latin America to tech-focused funds investing in companies in exciting verticals, and across various stages of development. Our investment in Nazca III allows us to expand our digital footprint into Mexico and to work with a talented team in what is still a nascent, but rapidly growing ecosystem in Mexico”.

Equity financing for technology companies in Latin America and the Caribbean is scarce across the spectrum, from seed/early stage to growth stage companies. Nazca III has reached its target size of US$150 million and will invest in approximately 20 early stage and seed investments that seek to transform Mexican or Latin American industries through tech-enabled business models.

Jaime Zunzunegui, managing partner of Nazca, said: “Nazca is proud to have IFC as a recurring institutional lead investor. IFC´s backing has been a catalyst for our investor base and a source of shared playbooks and industry insights to transform industries across Latin America. We believe they come at the right time to the right region. This consolidates our commitment to deliver good returns to our limited partner base”.

IFC supports early-stage ventures in developing countries that are creating new markets, transforming industries, and driving inclusive growth while realizing strong returns. By investing in best-in-class entrepreneurs and partnering with top-tier VC funds, we support the development of the asset class across emerging markets that fosters private sector growth.

iTokri’s Effort To Upcycle Plastics & Denims To Bring Down Carbon Footprint This Environment Day

iTokri’s deep dive to celebrate Environment Day by highlighting the importance of making sustainable products as a brand that leads to a large-scale positive impact on the planet. At iTokri we make sustainability a priority. We understand that there is a need to focus on living sustainably in harmony with nature, and our possibilities for shifting to a greener lifestyle through individual choices. The implication is that the Earth is still our only home and that we must safeguard its resources. Hence with this motive, iTokri has a range of products made with eco-focused materials to support humans and environmental wellness.

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iTokri has fine quality Handwoven Upcycled Cotton Round Placemat & Handwoven Upcycled Cotton Sling Tablet Bag by Shanti Seva Nidhi. The products are hand-crocheted & handwoven using upcycled 100% cotton hosiery yarn in line with environment protection policy.

Crochet Work Upcycled Cotton Round Placemat (Set of 4)

Product link- https://www.itokri.com/products/2021-850-1-56-crochet-work-upcycled-cotton-round-placemat-set-of-4

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We also have Upcycled Plastic Weave Handmade Mini Backpacks, Utility Pouches, Fanny Pack Bags & Sling Bags by Ecokaari. They are made with our unique process of upcycling using traditional Charkha & Handloom to weave fabric from all the waste plastic that we’ve gathered.

Upcycled Plastic Weave Handmade Bags

Product link- https://www.itokri.com/collections/ecokaari

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Jeans that would otherwise end up in landfills are being used to make utility bags. dwij upcycles post-consumer jeans and post-industrial garments waste into accessories like totes, slings, backpacks, pouches, etc. “dwij” has an in-house manufacturing setup and a network of women working from home.

Handcrafted Upcycled Denims

Product Link- https://www.itokri.com/search?q=Denim

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Working around seasonal grasses and traditional colours, this handcrafted golden grass weaved wall clock set is made with Natural Madur Grass, Twisted Cotton Yarn & Madur Kathi Reed that grows in the swampy area around Midnapur in West Bengal. The craft of “Madur” weaving is practiced in the residence cum workshops of artisans’ households with the help of family members.

Handcrafted Madur Grass Wall Clock

Product Link – https://www.itokri.com/search?q=Madur&f.Product%20Type=clocks

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This handmade recycled junk sculpture is made by designing, collecting scraps, welding, colouring, and doing the final polish by Debabrata Rui Das from West Bengal. This collection proves that one man’s trash could become another man’s masterpiece. Most of the finished pieces are decorative items made out of waste wood, paper, or metal and have an abstract and ethereal look that makes them unique.

Handmade Recycled Junk Sculptures

Product link- https://www.itokri.com/search?q=Junk&f.Sellers=DEBABRATA%2520RUIDAS