Archive: September 6, 2022

Health

Sakra World Hospital Conducts the 2nd Annual Conference for KARM with Focus on Hyperbaric Oxygen Therapy

Sep 6, 2022 by Rabindra 0 Comments

Bengaluru, 06th September 2022: The 2nd Annual conference of KARM on 3rd September 2022 was held at Sakra World Hospital, Bengaluru, (JV of Secom & Toyota Tsusho Japan) which houses India’s best advanced rehabilitation centre incorporating hi-tech rehabilitation facilities including cutting edge robotics. The conference was attended by 40 physiatrists who are specialised in rehabilitation medicine. The inauguration was chaired by Chief Guest Dr. Upender singh, (Professor and Head, department of PMR, AIIMS, Delhi), Mr. Naoya Matsumi (DMD Sakra World Hospital), Mr Lovekesh Phasu,(COO Sakra World Hospital), KARM president Dr Kurian Zachariah (Professor and Head, department of PMR, St. Johns Medical College), organising chairman Dr. Maheswarappa B M, (HOD & Sr. consultant, Sakra Institute of Rehabilitation Sciences) and organising secretary Dr Anand Verma (HOD, department of physical medicine and Rehabilitation Karnataka Institute of Medical Sciences, Hubli)

It’s estimated that 1 in 50 among our fellow Indian brothers and sisters currently live with some form of disability. One individual’s disability, more often than not, also shackles caregivers and limits their productivity in society as well. Optimizing the functionality of people with disabilities reduces their dependence on caregivers and improves the productivity of the entire family, adding confidence, self-reliance and thus making them efficient contributors to society and the economy as a whole.

Sakra World Hospital Conducts the 2nd Annual Conference for KARM with Focus on Hyperbaric Oxygen Therapy

There is a lesser known yet vital branch of modern medicine called Rehabilitation medicine a.k.a. Physical Medicine & Rehabilitation (PMR), a speciality dedicated to the upliftment of people suffering with disabilities or pain and their families via medical care, education and research. PMR has its roots as an exclusive speciality all the way back in the 2nd World War catering to persons with spinal cord injury and amputations. PMR has grown to be an established and well-known speciality in all western countries since then. PMR had a late start in India over half a decade ago and has seen a slow yet steady growth. The Indian association of PMR (IAPMR) was set up in 1972 and now has numerous state chapters, the youngest of which is our very own chapter in Karnataka, the Kaveri Association of Rehabilitation Medicine (KARM), established in 2021. PMR services are readily available in most medical colleges in Tamil Nadu and Kerala in the south but has seen a slow progression in Karnataka. With the dawn of our state chapter for PMR and with the help of public awareness, PMR services are now expected to grow rapidly.

People with disabilities are often neglected and do not know where to seek quality medical attention. Sadly, most doctors are not trained or aware of the specific medical needs to the disabled population. Thus, the patient is not treated up-to their true potential and maximal independence. With the expansion of PMR services in the state, any person with disability or pain can seek medical attention from doctors who are trained to cater to their unique set of medical problems, complications and disabilities. KARM being the proverbial trunk of a year-old sapling, aims to grow branches to provide medical rehabilitation cover to all corners of Karnataka.

Sakra World Hospital Conducts the 2nd Annual Conference for KARM with Focus on Hyperbaric Oxygen Therapy

KARM is celebrating the first anniversary of its inception by conducting a conference on a relatively new technology in rehabilitation – HBOT i.e. Hyperbaric Oxygen therapy. Its utility is best seen in the acute or subacute stages of tissue injury- nerve, brain, limbs etc and is FDA approved. Injured tissues typically have 3 zones of viability- an irreversibly dead central zone, a live outer zone and a middle grey zone that is still viable (alive) but damaged. Without intervention, over time this area too will die thus increasing the overall size of irreversibly of the dead tissues. HBOT is the only way to provide a larger dose of dissolved oxygen via the blood to the damaged tissue in an attempt to salvage the borderline tissue and hasten healing. Naturally, humans breathe air at 21% oxygen at 1ATA pressure. The patient availing HBOT is completely placed within a glass chamber wherein the pressure of the enclosed atmospheric air is raised to 1.5 to 3 ATA pressure. This results in a higher dissolved blood oxygen concentration which delivers turbo charged healing i.e. more oxygen to damaged grey zones results in faster and more complete healing, thus translating to better patient outcomes.

Though the medical effects of HBOT is known for centuries, it has not been utilised effectively. The conference theme was focused on application of HBOT in different medical conditions. After inception of this new speciality of rehabilitation medicine, HBOT has been used effectively for treating acute and chronic non-healing wounds, Diabetic foot, Pressure sores, burns, gangrene, lung disease like ILD, infections, fungal infections mucomycosis, non-healing fractures, neurological conditions like TBI, stroke, HIE, facial palsy, sensory neural deafness etc.

HBOT in rehabilitation is currently undersubscribed due to lack of awareness. Sakra Institute of Rehabilitation Sciences, having a rich experience in the field of HBOT has thus conducted the conference to educate the rest of the medical fraternity in the nuances of HBOT related patient care. In Bengaluru, HBOT is also available under the PMR department of Whitefield Manipal Hospital, Aster CMI, Narayana health City and Institute of Aerospace Medicine, Bangalore.

We should be aware that anyone of us or our loved ones can get disabled overnight after an accident or stroke. Wouldn’t we prefer the access to high quality medical rehabilitation services? Shouldn’t we do our part to nourish the year-old sapling? Lack of awareness is the biggest hurdle in its growth. Awareness creation regarding the KARM chapter, the speciality of PMR and HBOT is the need of the hour as a stepping stone towards optimal rehabilitation service availability in Karnataka and India as a whole. Let us Turbo-charge Rehabilitation!

News

M3M Foundation felicitates 134 primary teachers from Shamli district on Teachers’ Day

Sep 6, 2022 by Rekha Nair 0 Comments

Shamli, Uttar Pradesh: On the occasion of Teachers’ Day, M3M Foundation, the philanthropic arm of M3M Group, felicitated 134 primary teachers from Shamli district in Uttar Pradesh for their extraordinary contribution in enriching the field of education. Present at the event were Virendra Singh (MLC) as the chief guest, along with Jasjit Kaur (IAS, DM), Rahul Misra (BSA), Shambhu Nath Tiwari (CDO), Dr Aishwarya Mahajan, President, M3M Foundation, principals, headmasters, teachers, and students.

The programme, organised on September 05, as part of the Foundation Literacy & Numeracy (FLN) and in collaboration with District Basic Education department, Shamli, was implemented by DEVI Sansthan, an NGO that works towards providing the dignity of quality education to underprivileged children and adults.

Dr. Payal Kanodia, Trustee of M3M Foundation said, “Teachers’ Day marks an occasion to celebrate knowledge and to honour our teachers for their contribution as a catalyst in building our nation. We, at M3M Foundation, believe that learning is a vital part of every individual’s journey to their goals. We’ve always emphasised on the learning processes to promote social good and positively impact people’s lives so they can secure a better and brighter future for themselves and the nation. Today’s felicitation ceremony is a small gesture from us an expression of gratitude towards all teachers who are working towards building a brighter future for the nation by empowering students.”

The dignitaries shared their views on the significance of this day and the importance of a teacher’s role in shaping the youth of our country to be a good citizen.

M3M Foundation also felicitated and awarded the ‘Saakshar Scholarship’ to Diya Namdev; CBSE class X-topper who hails from Shamli. Dr Kanodia further explained that this scholarship is a signature initiative of the Foundation to provide financial help to students from low-income families so that they can continue and complete their education. “With this scholarship we harness and nourish the capabilities that lie within the children experiencing financial barriers to education. The success of the scholarship is defined by creating an environment and providing the resources for the next generation to overcome the barriers and fulfill their dreams,” she added.

Business

Flipkart offers A budget-friendly hotel booking feature on the Flipkart application

Sep 6, 2022 by Rekha Nair 0 Comments

Bengaluru – September 06, 2022: Flipkart, India’s homegrown e-commerce marketplace, has announced the launch of a new hotel-booking feature, Flipkart Hotels, on its platform to bolster its offerings in the travel sector. To offer better reach and options to customers, Flipkart Hotels will provide customers the opportunity to book hotel rooms across 3 lakh domestic and international hotels. With the launch of hotel services, Flipkart aims to offer its customers a host of affordable benefits, including flexible travel and booking-related policies, easy EMI options etc to make travel affordable, and budget-friendly options, among others.

Backed by Cleartrip’s API, Flipkart Hotels will benefit from Cleartrip’s deep understanding of travel customers and sectors. Available on the Flipkart app, this new offering provides a hassle-free booking experience, and timely communication through popular messaging apps. The platform further enables users to avail third party offers on Flipkart platform.

In addition to enhanced experience and attractive deals, Flipkart Hotels also aims to provide improved service to its customers. For the convenience of customers and to offer a great experience, a dedicated customer care center has been set up to support customers with user-related queries.

2022 has been a great year for the hospitality industry so far with a notable surge in demand both in the domestic and international accommodation market. New travel trends like exploring lesser-known destinations, workations, long stays, and vacation rentals are becoming mainstream. These developments are giving a boost to the travel industry. Given the 70% growth in the last quarter compared to a CAGR of 60% over the last two years, the next festive quarter is expected to be even better for the overall travel industry.

Adarsh Menon, Senior Vice President, Flipkart, said, “We are excited to launch Flipkart Hotels on the Flipkart app which will provide access to affordable hotel stays convenient for the customers. Flipkart Flight is on a steady path of growth in the travel industry since we entered this space. With Flipkart Hotels, we are strengthening our commitment to provide a better experience and superior service to our customers across metros and beyond tiers. With our banking partner’s financial offerings, the customers will unlock great value in this segment and enhance Flipkart’s capabilities as a preferred one-stop shop for the travel booking needs of Indian customers.”

Business

DJGF 2022 to Host 350+ Exhibitors and Showcase 100000+ Jewellery Designs by 1200+ Brands in New Delhi…

Sep 6, 2022 by Rekha Nair 0 Comments

New Delhi: September 2022: Informa Markets in India, India’s leading B2B event’s organiser, is back in its gala 10th edition of North India’s biggest International Jewellery trade show – The Delhi Jewellery & Gem Fair (DJGF) in New Delhi at Pragati Maidan on 10th,11th & 12th September from 10 am to 06 pm.

Over 350+ exhibitors, 1200+ traditional, modern & innovative designer brands and 100000+ unique designs are set to be a part of the three-day expo. It will witness participation and meet- up of prime Jewellers and Import & Export merchants amongst other key industry stakeholders.

The expo will celebrate the 10th edition with DJGF UTSAV, an initiative by assimilating 10 unique features this year –
1) DJGF Shakti – to celebrate and facilitate women achievers from the Gems and
Jewellery industry
2) Retail Jewellers Guild Awards – Honoring deserving Jewellery Retailers under various
categories
3) A Fashion Show Night – Showcasing pathbreaking brands, designs & their latest
jewellery collections
4) DJGF Samvad – A thought-provoking podcast series exploring industry Influencers’
journey
5) 24×7 Vyapaar – An effective, value-adding online B2B Jewellery Market Place
6) G-Ten – Activating tier1-2 cities with 10 powerful roadshows
7) 10X Card – Special Access Cards for VIPs with several show perks
8) Mahasabha – A Grand Meet of all Jewellery Associations from Northern India
9) Power Of Young Awards – To acknowledge and promote young entrepreneurs from
the jewellery Industry
10) Golden Hands – An evening celebrating jewellery designers
The three-day show has received strong backing from many jewellery associations like The

Information Classification: General

Bullion & Jewellers Association (TBJA), India Bullion & Jewellers Association (IBJA), Delhi Jewellers Association, Maliwada Jewellers Association, Meerut Bullion Traders Association, All India Gems and Jewellery Trade Federation and many more.

Speaking on the DJGF in its 10th edition, Mr. Yogesh Mudras, Managing Director, Informa Markets in India said, “The Indian Gems and Jewellery sector is home to over 3,00,000 jewellers, generating massive employment opportunities. Contributing around 29% to global jewellery consumption and being one of the leading contributors to the national economy, the gems and jewellery sector needs significant reforms and support. With the Government of India’s recent measures of reducing customs duty on cut and polished diamonds and gemstones to 5%, the extension of ECLGS for MSMEs, promoting investment and upgrading technology and skills to promote ‘Brand India’ in the international market will open up opportunities for the sector to grow.”

“ The most celebrated B2B Jewellery show in the North is back, this time its 10th-anniversary edition offering an array of authentic and unique jewellery just before the start of the wedding and festive season. Be it Mughal antique, gold, diamond, rubies, emeralds, sapphires, polkis, kundan or navratna jewellery, our buyers will be delighted to see the collection and innovation DJGF has to offer this year. We will be celebrating our 10th edition with DJGF UTSAV showcasing and offering 10 unique features for the Gems and Jewellery community to network, get recognised, grow their business and celebrate together.” 

The show will see participation from the buyer-seller community from States such as Delhi, Haryana, Rajasthan, Punjab, Uttar Pradesh, Uttarakhand, Himachal and all other neighboring states form North India and other parts of country. It will provide networking and expansion opportunities to Jewellery wholesalers, retailers, importers, exporters, Jewellery manufacturers, Diamond, gemstones, Pearl suppliers, traders, precious metal and Jewellery mounting traders and suppliers, and representatives from trade and governmental organisations.

Over 1200+ brands with products of different styles and designs ranging from Gold, Diamonds, Gemstones & Pearl, and Silver to Loose stones categories along with machineries, Tools & Equipment’s , Technology & allied services will be exhibited at the event.

Next up, a knowledge seminar will be conducted by Industry maestros who will share their expertise and edifying talks about the jewellery business and its growth avenues in the country. The event will boast of world-class features such as live workshops, conferences, jewellery
awards and knowledge sessions on data analytics and labgrown.

Business

The Akshaya Patra Foundation collaborates with FedEx Express to drive the Go-Green Initiative

Sep 6, 2022 by Rabindra 0 Comments

Bangalore, 6 September, 2022: The Akshaya Patra Foundation has collaborated with FedEx Express, the world’s largest express transportation company, to further its ‘Go Green Initiatives.’ FedEx Express has donated solar panels to Akshaya Patra’s kitchen in Panvel, Maharashtra, and electric bikes (e-bikes), at Bellary, Karnataka. Their support will help the Foundation generate 25 kW power, adopt an environment friendly mode of transportation and reduce its carbon footprint. The savings in transportation costs as a result of the adoption of the e-bikes as a replacement for fuel-powered vehicles will enable Akshaya Patra to provide meals to more than 2,800 children for an entire academic year.

Since 2000, Akshaya Patra has been serving hot, nutritious mid-day meals to children every school day. The Foundation is conscious of its responsibility towards the children and communities it serves, and its responsibility towards the planet. The organization has strived to reduce its carbon footprint by adopting various green initiatives, including the use of biogas plants to convert organic waste into energy which generates 120-150 cubic metres of biogas. These plants reduce the dependency on LPG while also producing organic manure, which is a more sustainable alternative to chemical fertilizers. The Foundation also has Effluent Treatment Plants (ETPs) to treat, dispose, and recycle kitchen waste and prevent environmental pollution.

Akshaya Patra kitchens has also installed solar panels that use photovoltaic (PV) cells to convert sunlight into electricity. The organisation has also added e-bikes to ensure sustainable practices to and from its kitchens to further reduce its carbon footprint. The solar panels in Panvel and e-bikes in Bellary donated by FedEx Express, will accelerate Akshaya Patra’s efforts to adopt green energy across its operations.

Suvendu Choudhury, Managing Director, International Operations for FedEx Express said, “At FedEx we are committed to connect the world responsibly and resourcefully, and we’re delighted to collaborate with Akshaya Patra to make a sustainable change in the way they work. As part of our FedEx Cares program, we’re working with communities across the globe to help them move people and goods more sustainably. The ` and solar panel contribution to Akshaya Patra will positively impact the environment, resulting in more meals for school children.”

Anant Arora, Chief Sustainability and Communication Officer, The Akshaya Patra Foundation lauded the partnership and said, “While we work towards our endeavour to erase childhood hunger and malnutrition at the grassroots level, we are also striving to fulfil another goal – to give back to the environment. FedEx Express efforts to encourage and support the Go-Green initiative by donating e-bikes to the School-Relationship officers and Solar Power Plant at Panvel are deeply appreciated. I am confident that this partnership will help us adopt more sustainable practices into our daily operations and ensure our carbon footprint gets smaller with time. We are deeply grateful for FedEx’s philanthropy as it will take us one step closer to our green goals. I also want to thank the Central Government and the Government of Karnataka for providing us this opportunity to serve children and communities during the pandemic, and supporting and encouraging our efforts all along.”

Business

Pritesh Asher and Megha Asher, founders at Juicy Chemistry, share their journey of building a completely organic and natural brand for personal care.

Sep 6, 2022 by Rekha Nair 0 Comments

When Juicy Chemistry began 8 years back, the goal was to champion the efficacy of organic produce. Their belief is that a product is as good as its organic ingredients which need to be grown in the best soil profile and climatic conditions and so want to provide our customers with the best and freshest of ingredients. While this is the formulation aspect, Juicy Chemistry’s soil-to-shelf approach necessitated that they improve their supply chain too. To that end, they follow a backwards-integrated approach. The objective is to remove the middlemen and communicate directly with certified farmers, bring the raw organic ingredients to their state-of-the-art in-house manufacturing unit and directly supply the customer with products that retain their freshness and nutrient profile.

Megha and Pritesh want customers to be in sync with the organic way of living – fresh, healthy, and surrounded by nature. They do not believe in using synthetic additives and their policy is that everything that we need is readily available in nature. While we take so much from nature, Megha and Pritesh are firm believers in giving back as well. Sustainability is at the heart of Juicy Chemistry and every aspect of their supply chain, product line, and manufacturing reflects that by using glass bottles, recyclable PET bottles, and biodegradable packaging for the products. Juicy Chemistry is one of the first few brands to come up with a take-back program that incentivises their customers to actively participate in the sustainability movement and are now focused on becoming plastic neutral this year.

Health

What are the Home Remedies For Eye Irritation?

Sep 6, 2022 by Rabindra 0 Comments
By Prof. Dr. Mahipal S Sachdev, Chairman and Medical Director, Center for Sight, New Delhi
 

Do you know that the eyes are one of the most sensitive parts of our body? Yes, you read it right. You might suffer various eye-related issues if you don’t pay attention to them. Always remember that even minor eye problems can become more prominent if not treated on time. This is why a lot of people want to know about various home remedies for eye irritation.

You might suffer from numerous types of eye-related issues, and the best way to deal with them is to consult an eye doctor. But, if you feel your eye problem is not too severe, you can try to carry out the eye irritation treatment at home. For this, you must have some knowledge of the correct and most helpful home remedies so that you don’t take any risks with your eyes.

Various Eye Problems And Home Remedies To Cure Them

You can’t just apply the same remedies to every eye problem, and that’s why we will tell you about the most common eye-related problems and their home remedies. So, let’s not waste any more time and look at remedies for eye irritation.

1. Swollen Eyes

Do your eyes feel uncomfortable and get swollen? Well, it is one of the most common issues related to the eyes and can happen due to various reasons. Fortunately, at the same time, there are many home remedies for swelling in the eyes.

Causes

  • Inflamed eyelids
  • Stye
  • Some allergy

Home Remedies

  • Compress Your Eyes:

You should try eye compress twice daily for 15-20 minutes each time.

  • Wash Your Eyes:

It is always a good idea to wash your eyes and eyelids gently 2-3 times a day.

  • Apply cucumber:

When you apply cucumber to your swollen eyes, it will facilitate cooling your eyes.

  • Use Tea Bags:

This is one of the most effective home remedies, as caffeine is believed to penetrate the skin and cure swelling and puffiness.

2. Eye Irritation And Redness

Sometimes you might feel a weird irritation in your eyes and notice that it has become red. Remember that redness in the eyes can be due to various reasons, and you must not ignore it and take necessary actions.

Causes

  • Blepharitis
  • Some injury in the eyes
  • Allergy
  • Conjunctivitis
  • Glaucoma
  • Dry eye

Home Remedies

Avoid makeup:

Sometimes reddening of your eyes can be because of some chemical present in the eye makeup products. So, your first step should be to avoid any eye makeup.

Artificial Tears:

You can buy artificial tears from a pharmacy and use it to cure redness in the eyes.

Cool compress:

Applying a cool compress to your eyes is one of the most effective home remedies for eye irritation and redness.

3. Sore Eyes

Some of you might suffer from pain in the eyes or sore eyes. It is one of the most common problems people often face after using digital devices. You can use various sore eye home remedies to cure your eye pain.

Causes

  • Too much use of mobiles and computers
  • Direct exposure to the sun
  • Smoke
  • Rubbing the eyes
  • Swimming in the water containing chlorine
  • Dehydration

Home Remedies

Aloe Vera:

Mix fresh aloe vera gel in a small amount of water, soak cotton pads, and put it on your eyes. This is highly effective as Aloe vera has anti-inflammatory properties.

Cold compress:

Apply cold compress 2-3 times daily and give your eyes some rest.

4. Dry Eyes

When tears are properly spread across your eyes, they wash away the dust particles that may cause infection. But, sometimes your tears are not able to keep your eye moist and nourished, or they don’t have the right amounts of oil and water to wash your eye – that’s what we call dry eyes. You can try a few simple home remedies for dry eyes; if they don’t work, consult with a good eye doctor.

Causes

  • Ageing
  • Desensitivity of the corneal nerves
  • Reaction of medications
  • Medical issues
  • Exposure to a windy and dusty area

Home Remedies

Avoid smoke:
You should try to bring a change into your environment and avoid being around smoke.
Avoid going into polluted areas and use protective glasses.
Intake Nutritious Food:

You should consider having a more nutritious diet rich in proteins, vitamins, and fibres.

Eye Drops:

You can go to a pharmacy and purchase some reliable eye drops and see if it helps you.

Business

Hyperlocal Jewellery Retail Chain Vaibhav Jewellers files for its IPO

Sep 6, 2022 by Rabindra 0 Comments

Chennai, 6 September 2022: Visakhapatnam-headquartered Manoj Vaibhav Gems ‘N’ Jewellers Ltd, a leading regional jeweller brand in South India having a presence in the micro markets of Andhra Pradesh and Telangana across 8 towns and 2 cities has filed its Draft Red Herring Prospectus (DRHP) with the markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO).

The public issue with a face value of equity shares of Rs. 10 each is a fresh issue of equity shares aggregating up to Rs 210 cr and an Offer for Sale of 43,00,000 equity shares by Grandhi Bharata Mallika Ratna Kumari (HUF), the Promoter Selling Shareholder.

The company, in consultation with the lead bankers to the issue, may consider a further issue of equity shares for cash consideration aggregating up to Rs 40 crore. If such placement is completed, the fresh issue size will be reduced.

The utilisation of the net proceeds is to finance the establishment of 8 new showrooms costing Rs 12 crs and the purchase of inventory worth Rs 160 crs over FY23 and FY24 besides general corporate purposes

Vaibhav Jewellers was founded by the Late Mr Manoj Kumar Grandhi in 1994 and is currently being led by a first-generation woman entrepreneur Mrs Bharata Mallika Ratna Kumari Grandhi along with her daughter Grandhi Sai Keerthana.

The jewellery brand was one of the earlier entrants in the organised jewellery market in Andhra Pradesh and Telangana. It operates a hub and spoke model with small-sized showrooms operating around the larger showrooms and addresses to the requirements across all economic segments. Its flagship showroom in Visakhapatnam is spread across 29,946 sq ft and four different floors of shopping experience

77% of its retail showrooms are in Tier 2 and Tier 3 cities and the rest are in Hyderabad and Vishakhapatnam catering to urban consumers. Each of its showrooms houses varied exquisite and large inventory of designs across a wide range of products in Gold, Diamond, Gems, Platinum & Silver Jewellery or Articles. Its sub-brand Visesha caters to a premium segment of gold and diamond jewellery.

As per the Technopak report stated in its DRHP, in FY21, the company had an approximate market share of 14% of the organised market. Other key players in Andhra Pradesh and Telangana are Tanishq, Kalyan Jewellers, Malabar Gold Pvt Ltd, GRT Jewellers and Joyalukkas

Besides selling on its own website and other markets places, it focuses on having a one to one connect with each of its customers, to do so it conducts focused group discussions to educate customers; exhibiting at exhibitions to showcase its new collections and increase brand awareness; direct selling activities and village campaigns. Interestingly they have a marriage cell that has a database of the marriage ecosystem which it uses to approach couples and their families for purchasing jewellery for the occasion.

In FY 22 its revenue from operations stood at Rs 1693.9 crs, majorly from the sale of gold jewellery. In 2005 it stood at Rs 50.9 crs. The Jewellery brands per retail showroom revenue and EBITA metrics stood at Rs 141.16 crs and Rs 8.7 crs respectively. Between FY20-22 the Revenue and PAT grew a CAGR of 15.08% and 33.83%. Its e-commerce sales grew from Rs 4.16 cr in FY 19 to Rs 28.6 crs in FY 22.

The rural market continues to contribute 60% of the jewellery demand in India. Gold is still considered an investment of the future hence despite the price rise the volume of purchases advanced by the rural customer continues to grow particularly for weddings, religious rituals, or post-harvest. It continues to have a special place in Indian Culture and 5 Southern state i.e Andhra Pradesh, Telangana, Tamil Nadu, Karnataka, and Kerala make up 40% of the Indian Jewellery Market.

Bajaj Capital Ltd and Elara Capital (India) Pvt Ltd are the book running lead managers and Bigshare Services Pvt Ltd is the registrar to the offer. The equity shares are proposed to be listed on BSE and NSE.

Education

KnowledgeHut upGrad significantly strengthens offerings through major partnerships and alliances

Sep 6, 2022 by Rekha Nair 0 Comments

Mumbai, 06 September, 2022 — KnowledgeHut upGrad, Bengaluru-based leading technology skilling provider and a part of Asia’s Higher Ed-tech major upGrad, has significantly strengthened its portfolio of services and offerings over the last six months through alliances with some of the biggest technology skill providers in the world. Some of these alliance partners include Microsoft, Amazon Web Services (AWS), CertNexus, and Apis Training. These alliances have enabled KnowledgeHut to provide a wide variety of certified courses and skills across key technologies including Cloud Computing (AWS & MS Azure), Cyber Security & IoT (CertNexus), 5G & Wireless Technology through Apis among many more technologies of the future.

Under these alliances, KnowledgeHut will offer courses such as Microsoft Azure Fundamentals, Microsoft Administrator, Developing Solutions for Microsoft Azure, Analyzing Data with Microsoft Power BI, Designing and Implementing Microsoft DevOps Solutions, AWS Cloud Practitioner Essentials, AWS Technical Essentials, Architecting on AWS, Advanced Architecting on AWS, Developing on AWS, AWS Exam Readiness: AWS Certified Solutions Architect – Associate, trending courses by CertNexus such as- IOTBIZ, CDSP, DSBIZ, CyberSAFE, Cyber First Coder and 5G Training (across technologies) by Apis Training.

Commenting on the alliance, Subramanyam Reddy, CEO, and Founder, KnowledgeHut upGrad said, “Technology is constantly evolving, and it is critical for us to remain relevant and updated with the necessary skills. KnowledgeHut has fast established itself as the go-to company for some of the largest enterprises in the world to ensure that its employees are up to date with these evolving technologies. The fact that we have such a high pedigree of partners joining us is a testament to our abilities and competencies. We are continuously on the lookout for the best so we can keep upgrading and improving our offerings and services. Considering the demand in the market, we, at KnowledgeHut, look forward to working with these global giants to deliver the best of in-demand technological courses to skill seekers.”

Vishwas Kshirsagar, VP, Partnerships & Alliances, KnowledgeHut upGrad said, “At KnowledgeHut, we have been successfully curating industry-focused boot camps to provide learners with apt domain skills. To create industry-oriented programs, we have partnered with many premier technology training companies like Microsoft, Amazon (Web Services), CertNexus, and Apis. Our legacy coupled with the domain expertise of these leading firms is enabling us to empower learners with future-ready skills which are crucial for the fast-changing IT & ITeS industry.”

“We are happy to partner with training centres globally and offer all our courses to their learners, with 100% delivery from our end,” he further added.

The demand for skills in Cloud Computing, cybersecurity, AI, IoT, and ML is growing exponentially owing to the shift in business operations to online platforms and the evolution of technology. Technology is driving efficiency while reducing costs and providing solutions to some of the most complex problems. In the recent past, we have witnessed the fastest adoption of complex technologies in mainstream life due to their increased flexibility, scalability, cost savings, increased security, sustainability, accessibility, and increasing potential for collaboration.

According to the COVID-19 Impact on IT Spending Survey, conducted by IDC, 64% of Indian organizations will demand cloud computing and demand cloud software in this era of the new normal. As a result, organizations will want to hire professionals who are skilled in domains such as cybersecurity, cloud computing, and wireless technology. The “Building Digital Skills for the Changing Workforce” report by Amazon Web Services, Inc. (AWS), indicates that 95% of the Indian workforce will need to have more digital skills and knowledge in using digital technologies, to adapt to the post-pandemic era. KnowledgeHut strives to provide the most in-demand courses in the technology domain, the collaborations, with experts such as Microsoft, AWS, CertNexus, and Apis will help them to offer the most relevant technological courses to fresh graduates and aspiring professionals.

These courses will help skill seekers who aspire to be cloud architects, cyber security professionals, IoT Experts, 5G Experts, etc. It helps to understand the basics of respective technology and get up to date with the development principles, framework, and tools to help in every walk of their job role. The courses on AWS and Azure are already open for registration. Skill seekers can learn through live instructor-led sessions and the supporting learning materials.

Business

T-Hub Partners with SucSEED Indovation to Accelerate Investment Opportunities for DeepTech Startups in India

Sep 6, 2022 by Rabindra 0 Comments

India, 6 September 2022: T-Hub, which leads India’s innovation ecosystem, today announced its partnership with SucSEED Indovation, the SEBI-registered Alternative Investment Fund (AIF-1) Venture Capital Angel Fund. Through this collaboration, T-Hub and SucSEED Indovation intend to encourage innovation, increase funding, and assess investment options for DeepTech startups in India. Both organisations formalised their alliance by signing a Memorandum of Understanding (MoU).

Utilising their combined knowledge of the startup ecosystem, T-Hub and SucSEED will work together to mentor, promote, incubate, and aid in DeepTech startups’ growth by holding masterclasses and other workshops for knowledge exchange. This will make it possible for T-Hub startups to receive mentoring in venture capital investment, Transaction Management and Risk Management. SucSEED Indovation will also have a presence in T-Hub’s new facility, the world’s largest innovation campus, as part of its one-year engagement, creating significant synergies between SucSEED Indovation and T-Hub stakeholders.

MSR (Mahankali Srinivas Rao), CEO of T-Hub, said, “The Indian deep-tech ecosystem has matured significantly in recent years. Through innovation, these startups have transformed various industries from manufacturing to healthcare. However, to keep up the momentum, these startups require funds and strong mentorship, and together with SucSEED, we will unlock scaling opportunities for them. T-Hub, through these partnerships, envisions making the connection and fundraising easy for startups and investors.”

Vikrant Varshney, Co-Founder and Managing Partner of SucSEED Indovation Fund, said, “SucSEED has been quoted in Top20 Most Active Investors for Indian Startups In H1 2022 across VC & PE Landscape. We are very active to support & fund early-stage Deeptech startups, and most of them get discovered through our partnerships with Tech incubators across India. SucSEED has been committed to collaborating with strong partners like T-Hub, who provide an ecosystem for startups and help passionate entrepreneurs build innovative solutions. We’ve worked regularly with the Telangana ecosystem and T-Hub in the last 5+ years, and we are happy to formalise our engagement through this MOU and scale our efforts further by investing in emerging startups that have the potential to become legendary enterprises of tomorrow.”

Depending on company performance, T-Hub startups will stand a chance to raise funds from the SucSEED Indovation Fund and join its illustrious portfolio list. In addition, these portfolio startups will be given access to scale with the help of credible VCs and family offices, increasing their investment opportunities.

T-Hub’s programs have successfully scaled startups in partnership with a robust ecosystem of partners. T-Hub has impacted more than 2000 companies to date through a variety of programmes and initiatives. In addition, it has over 600 international and domestic business partners and 2000 mentor connections to support the scaling of startups. T-Hub will continue to drive collaboration between startups and leading innovation ecosystems worldwide