All posts by Neel Achary

Business World

Netizen Again Named One of the Most Successful Veteran-Owned Businesses in U.S. for 2nd Year in a Row

Dec 13, 2020 by Neel Achary 0 Comments #Allentown, #Institute for Veterans and Military Families, #Netizen Corporation, #Syracuse University

Allentown, PA, December 12, 2020 –(PR.com)– Netizen Corporation, an ISO 27001:2013 and ISO 9001:2015 certified provider of cybersecurity and related solutions for defense, government, and commercial markets, has been once again named one of the nation’s fastest-growing veteran-owned businesses by Inc. Magazine in partnership with the Institute for Veterans and Military Families (IVMF) at Syracuse University on their annual Vet100 list of the most successful veteran-owned companies in the United States. Netizen ranked #16 this year out of the top 100 veteran owned businesses nationwide and was ranked #2 in the country last year on the list.

Netizen Corporation

Netizen was also ranked as the 184th fastest-growing private company and the second-fastest-growing cybersecurity company in the United States on the 2020 Inc. 5000 list of the nation’s most successful businesses. Last year, in 2019, Netizen was the 47th fastest-growing private company and fastest-growing cybersecurity company in the nation on this list. These are the highest rankings that a company based in the Lehigh Valley region of Pennsylvania have ever achieved on the Vet100 and Inc. 5000 lists, according to published records on the official program website.

Syracuse University’s IVMF is higher education’s first interdisciplinary academic institute, focused on advancing the lives of the nation’s military veterans and their families. As a result of this special recognition, Netizen leadership will be attending, as an invited guest of the IVMF, the national veteran-owned business growth conference, Veteran EDGE, sometime in October 2021 in Dallas, TX.

“We are very proud to receive such recognition within the close-knit veteran-owned business community. It speaks volumes to the incredible team we’ve assembled here at Netizen, with every military branch represented across a diverse group of team members located around the country and serving customers globally,” said Michael Hawkins, Netizen’s founder and CEO as well as a U.S. Army veteran himself.

Business World

COVID-19 Heroes and Non Profit Given Free Roofs by Jacksonville FL Company

Dec 13, 2020 by Neel Achary 0 Comments #COVID-19 Hero, #Daily Manna Serving Center, #Hurricane Shutters, #Jacksonville, #Reliant Roofing, #Solar

Jacksonville, FL: Reliant Roofing, Solar, & Hurricane Shutters (Reliant) is pleased to announce the completion of their Fourth Annual Every Shingle Heart Initiative. This program was created in 2017 as a way for the Jacksonville-based company to give back to the community by providing families and local organizations in need with new roofs. This year, they selected a COVID-19 Hero and a large local non-profit organization.

“As a local company, we knew it was our duty to step up and give back to our community during these difficult times of COVID-19,” said Cameron Shouppe, President and Co-Owner of Reliant. Reliant, a family-owned company that opened in 2015, is partnered with the roofing manufacturers GAF and Carlisle, to provide a free roof to one healthcare worker in Northeast Florida, along with a local non-profit organization.

On December 4, 2020, Reliant replaced the roof of COVID-19 Heroes Jared and Patty Menefee, with no charge. These healthcare workers at Wolfson Children’s Hospital, provide care for the youngest patients in Jacksonville. Jared and Patty work opposing shifts in order to care for their four children. Jared is known as “Jingle Beard.” The nickname started several years ago when he decided to add ornaments to his beard during the winter holidays. Now, every national holiday, Jared decorates his beard in a variety of unique ways, with the goal of bringing smiles to the faces of those who need it most. Jared brightens the days of not only the nurses, doctors and other team members he works with, but also the patients and families. Jared’s wife, Patty, specializes in creating Intravenous Nutrition for all patients in the Baptist Health System, including the premature newborns in the Neonatal Intensive Care Unit.

The Daily Manna Serving Center was the non-profit organization that Reliant selected as a recipient this year. Founded nine years ago by Worship Center Pastor Gerald Dinkins, the food pantry serves about 2,500 people a month and launched a program helping clients eat and live healthier. They provide many other resources to their community; such as free GED tutoring, clothing, paper goods, health screenings, nutritional classes, HIV testing, electric bill service, and youth services. The entire Reliant office team came out on December 9, 2020, to provide a $30,000 roof completely for free to the serving center.

Reliant is also co-hosting a food drive for the Daily Manna Serving Center. Non-perishable food donations can be delivered to 2659 Edison Ave, Jacksonville, FL 32254, no later than December 24, 2020. If you would like to help this holiday season, please contact: adrienne@reliantroofing.com.

Business World

Tata Westside to open maiden store in Greater Noida West

Dec 12, 2020 by Neel Achary 0 Comments #Greater Noida West at Galaxy Blue Sapphire Plaza, #Tata Westside

Greater Noida, December 12, 2020: Tata Westside is set to open its maiden store in Greater Noida West at Galaxy Blue Sapphire Plaza (GBS). With the addition of Westside, a fashion retail outlet, GBS will now cater to the increasing populace of Greater Noida West that had to move out to nearby areas for their apparel needs. The store will be spread over an area of around 21000 sq ft. GBS by Galaxy & Sawasdee Group of Companies is an elite commercial project comprising of approximately 1.2 million sq ft, and 7 lakh sq ft retail area.

“GBS is the biggest mall in Greater Noida West, and entry of Tata Westside is a huge achievement for us. The area has been prospering as the demand for residential has increased, especially after the COVID-19 situation. As of now, there are more than 3 lakh residents here, which will go over half a million soon. Such a huge population needs world-class recreational hubs, and GBS is filling that gap. We aim to provide every possible amenity to the residents so that they do not have to move out of Greater Noida West for any of their needs,” says Sheetal Agarwalla, MD, Galaxy and Sawasdee Group of Companies.

Other brands present at GBS include KFC, Pizza Hut, Hira Sweets, ACE Ankur (electronics), US Cinemas, Royal Oak (furniture) etc. This luxurious commercial project offers all the top-notch recreational amenities including a 10 screen cinema with four premium screens and six normal. Surrounded by the huge population base of Noida Extension, GBS also features exquisitely crafted service apartments and a four-star hotel. The project has stunning interiors inspired by contemporary architecture and a mesmerizing glass façade. The main USP of the project is its proximity to NH-24, Kalindi Kunj, FNG Expressway, Noida City Centre, and proposed Metro Station. The retail units are situated up to 6 floors, whereas 7th to 21st floors feature premium commercial office spaces. Tata Westside to open maiden store in Greater Noida West

The store is coming up at Galaxy’s Blue Sapphire Plaza

Business World

Seth Anandram Jaipuria School, Ghaziabad, celebrates 16th Founder’s Day with author Devdutt Pattnaik

Dec 12, 2020 by Neel Achary 0 Comments #Ghaziabad, #mythologist Devdutt Pattnaik, #Seth Anandram Jaipuria School

Ghaziabad: Seth Anandram Jaipuria School, Ghaziabad, celebrated its 16th Founder’s Day on December 12, Saturday, with the bestselling author and mythologist Devdutt Pattnaik as the Chief Guest.

The event, held virtually, was attended in large numbers by the faculty members and students of Seth Anandram Jaipuria Group of Educational Institutions. Shishir Jaipuria, Chairman of Seth Anandram Jaipuria Education Society (SAJES), topped the list of dignitaries, followed by Sunita Jaipuria, Vice-Chairperson (SAJES), Harish Sanduja, Director (Schools), and Manju Rana, Principal-cum-Director.

Celebrations commenced with the lighting of the ceremonial lamp at 4 pm. It was live-streamed on the Facebook page of Seth Anandram Jaipuria School, Ghaziabad. A short address by the Chairman set the tone for the evening, which saw a whole host of events, including a vivacious orchestra performance by the budding musicians of the school.

‘Life is to be lived each moment with a new ray of hope and optimism’ – this message formed the gist of the musical performance. The talented students also performed a musical ballet called ‘The Selfish Giant’, based on an enchanting adaptation of an Oscar Wilde fairy tale that upholds the pertinent message of healing the earth.

The celebrations peaked with the virtual appearance of author Devdutt Pattnaik, who regaled one and all with his eloquent talk that touched upon a whole range of interesting topics.

In his address, Devdutt Pattnaik applauded the invincible spirit of the students and the school in these extraordinary times and observed that the Founder’s Day theme of pursuing joy in every element of the universe can be the key to solving the toughest of problems in this world.

During the event, creativity was feted in the ‘Virtual Exhibition – Pursuit of Happiness’ that featured beautiful paintings, jaw-dropping clay work and exquisite pottery work done by the young artists of Jaipuria. Each artwork expressed the need to transform the earth by appreciating everything better: be it nature, friends, traveling, gratitude for what we have, relationships and above all the power of love.

The 16th Founder’s Day also witnessed the digital release of ‘Ignite – The School Chronicle’, which showcases the students’ zeal in these unprecedented times. Meritorious students excelling in academics and co-curricular activities were awarded and the teachers completing 10 years of dedicated service were felicitated. The school’s alumna, Kanika Gupta, 2012-13 batch, talked about the journey of her successful career and how the school, through its child-centric holistic approach, played a pivotal role in laying a strong intellectual foundation for her.

The Principal-cum-Director, Manju Rana, read the school’s repertoire and talked about the milestones achieved by the school in the year gone by.

Earlier in his address, Chairman Shishir Jaipuria expressed great pride in the fact that the Ghaziabad school has been recognized among the top 50 schools of the country. He praised the relentless efforts of the school in reaching out to the students with optimum use of technology for the uninterrupted flow of quality education during this pandemic. He also applauded the collaborative endeavours of the faculty, parents and students in this direction.

The virtual event was attended by more than 3000 parents, a first of its kind in Jaipuria’s illustrious history. Principals of Core and Partner Schools (SAJS), Head Mistress Sonal Srivastava and Indu Kohli and other members of the school’s management committee were present throughout the function.

The celebrations came to an end with a vote of thanks by the Vice Principal V. Suprabha.

Business World

Kirana King Felicitates Retail Employees Celebrates Retail Employees’ Day (RED) 2020

Dec 12, 2020 by Neel Achary 0 Comments #Kirana King, #Kirana Stores in Jaipur, #Rajasthan

Jaipur 12th December 2020: While the year 2020, on account of the pandemic, has been extremely challenging for everyone, the grocery retail staff who have been untiringly serving across all occasions & festivals, must not be forgotten for their grit and determination especially during these challenging times. They are the ones who have made a constant effort of making the whole grocery retail eco-system work seamlessly with selfless efforts of working relentlessly to stand and serve groceries at the stores and even at the doorsteps of the consumers. The retail employees have emerged as Corona Warriors whilst fighting the worst pandemic as frontline workers putting their as well as their families’ lives at risk to keep consumers’ essential needs & requirements fulfilled.

As a part of the retail community, Kirana King has felicitated, honoured & applauded the remarkable contributions of the ‘True Warriors’ this Retail Employees Day (RED) on 12th December 2020 under the aegis of a small event at its state of the art Distribution Center in Jaipur.

Mr. Anup Kumar, Founder & CEO of Kirana King, “The hard work and dedication of Retail Employees should set an example for everybody, for they never hesitated to work or to serve even in the most critical times of the pandemic. As the backbone of the organized retail ecosystem, these retail workers kept working selflessly amidst the Corona Virus outbreak and beyond. In this daring battle of humanity, our retail employees were the one’s lion-hearted. All the employees who always stood at the forefront need to be saluted and applauded for their selfless services.”

Mr. Anup Kumar, Founder & CEO of Kirana King, has expressed gratitude to all the employees and shared a message by saying, “We are humbled by the contributions of our network store workers, who go to work and risk their lives to serve humanity. Their courage of interacting with consumers and their relentless contribution during this pandemic is really exemplary. In spite of the challenges and threats posed to their own lives during this pandemic, retail employees overcame their inbound insecurities and worked on their survival instincts for serving humanity.’’

Retail Employees Day is just not a normal day as retail is not just a job but maintaining the relationship and the day should be as mammoth as any other festive day for retailers. It’s a day to celebrate the hard work, commitment and passion that retail employees exude to give the consumers a delightful shopping experience. This year the Day’s celebration is going to be special for Kirana King as they are India’s first revolutionary ‘Retail as a Service (RaaS) based Grocery Business Model’ with more than 200+ network stores, and growing, across Jaipur.

Mr. Anup further commented, ‘‘We are proud of our achievements and we as an organisation are poised for the coming opportunities in the newly evolved ecosystem during the pandemic. While we are expanding our network we are equally aware of how the world is evolving so quickly. We are looking forward to positioning our unique RaaS based Grocery Retail Business Model as a pivot to the Grocery Retail Business.”

Kirana King has also made the right investments for they have developed a robust technology stack and a skill development programme for Kirana King Store Owners and others who have opted to be a part of this revolutionary journey with Kirana King – India Ki Nayi Dukaan. Under this programme, Kirana King Store Owners and other front-end staff are trained & empowered on various aspects of retail store management, Consumer behaviour, visual merchandising, supply chain management, shelving & much more. Imparting technology skill is the cornerstone of their training module.

About Kirana King:
Established in 2017, with a deep-rooted and farsighted idea of empowering the Indian traditional grocery market, Kirana King has set India’s first revolutionary ‘Retail as a Service (RaaS) Business Model’. This model enables Traditional Kirana Store owners to become a part of the grocery retail expansion while retaining the ownership of their stores. On the other side the model also enables consumers to avail ‘organised shopping experience’ at their neighbouring known Kirana stores.

Kirana King is a strong network of 200+ Kirana Stores in Jaipur, Rajasthan. Through this association, the Store owners are able to make an identity for themselves and also infrastructure is created for them in the first stage; this also gives them newfound respect in the society. In the next stage based on their confidence in the model, activities related to supply chain management and promoting and marketing their stores are taken up among consumers residing nearby to their stores to generate demand.

Business World

World’s biggest problem is the world’s biggest business opportunity: Dr Peter H. Diamandis

Dec 12, 2020 by Neel Achary 0 Comments #and Executive Chairman, #Dr Sangita Reddy, #Dr. Peter H. Diamandis, #FICCI, #Founder, #President, #XPRIZE Foundation

Hyderabad, 12 December 2020: Dr. Peter H. Diamandis, Founder, and Executive Chairman, XPRIZE Foundation and Executive Founder and Director, Singularity University, today said, “Education and healthcare are the two biggest industries that AI is going to transform.”

Addressing the virtual session ‘The Future is Now’, organized during FICCI’s 93rd Annual Convention, Dr. Diamandis said that COVID-19 has brought in significant financial and health concerns. However, it is upon the entrepreneurs to identify the great problems and convert them into business opportunities while making the world a better place.

Dr. Diamandis highlighted that essentially there are 4 kinds of mindsets- exponential, abundance, longevity and moonshot that differentiate a visionary from the rest. He further elaborated that the exponential mindset of a true visionary is the key asset for success.

Addressing the session, Dr. Sangita Reddy, President, FICCI said that Peter’s knowledge on dematerializing, demonetizing, and democratizing and the whole abundance mindset is to create wealth and solve major global problems.

Appreciating Peter’s ability to create an impact, Dr. Reddy stated that Dr. Peter’s greatest gift is his ability to get people and organizations to think boldly and when they do so, abundance is created.

The session was attended by Entrepreneurs and CXO level decision makers who benefitted from the vast knowledge and experience of the man who believes that ‘the best way to predict the future is to create it yourself.’

News

Pacific D-21 Mall’s hosts Women Cricket match

Dec 12, 2020 by Neel Achary 0 Comments #Executive Director Pacific Group, #Mr. Abhishek Bansal, #Super Sports Park of Pacific Mall Dwarka- 21

A women’s cricket match was organized at the newly launched Super Sports Park of Pacific Mall Dwarka- 21. An eight-over match was played between team Trends Warrior and Big Bazaar Superstrikers. Trends Warrior with 42 runs, with the loss of 5 wickets won the match against Big Bazaar Superstrikers who managed to score 38 runs with the loss of 2 wickets. Preeti Roy from team Trends Warrior has made 23 runs and was declared as ‘Woman of the Match’. Jyoti Mahour from Big Bazar Superstrikers has made 15 runs and taken 2 wickets.

Expressing his happiness on the occasion, Mr. Abhishek Bansal, Executive Director Pacific Group said, “It gives us great pleasure that we are able to host a cricket match for women players at our Sports Park. The players displayed great enthusiasm and sportsmanship.”

The Sports Park has been designed with all the required amenities and is being sanitized on a regular basis to ensure complete safety. In the current fast-paced time, we all have so much to do and are constantly running behind our life- goals. It is very important that sports and games are included in our lifestyle so that we are able to strike a balance between mental, physical, and social wellness.

Business World

FLO’ Biz Talk 5th edition on ‘Business Opportunities in Millet Industry for women entrepreneurs’

Dec 12, 2020 by Neel Achary 0 Comments #Business Opportunities in Millets, #Director of Indian Institute of Millets Research, #Dr. Vilas A Tonapi, #FICCI Ladies Organization, #virtual Biz Talk, #women entrepreneurs

Hyderabad: FLO’s virtual Biz Talk, the first in the series on Business Opportunities in Millets for women entrepreneurs was held here in the city today. It was organised by FICCI Ladies Organization (FLO) pan India for the benefit of their members

Dr. Vilas A Tonapi, Director of Indian Institute of Millets Research (IIMR) and Dr. B DayakarRao, Principal Scientist & CEO – Nutrihub of Indian Institute of Millets Research addressed the session.

Welcoming the gathering Millet, UsharaniManne, Chairperson of FLO Hyderabad said Millets score highly over grains like wheat and rice in nutritional value earning them the status as “Nutri-cereals”. Millets offer so many benefits. With so many things going in its favour, the Millet Industry is the best bet for India to meet the rising demand for nutritious food.

Recognising which, FLO Hyderabad has entered into an MoU with IIMR – Indian Institute of Millet Research, to create a FLO Incubator at Nutrihub, IIMR whereby the two organisations will be working towards creating an appropriate platform for women entrepreneurs to garner the power to produce wealth by participating in the Millets industry, Usharani announced.

The mission, the FLO Chairperson said, is to provide opportunities to transform ideas into businesses, facilitate a nurturing, instructive, and supportive environment for entrepreneurs during the startup stage, and support them with an array of targeted resources and services. The incubator will also provide Technology consultancy, Business facilitation, Financial advisory,

Infrastructure support and facilitate interactions with experts, mentors, advisors, and investors. As an organisation that aims at assisting women in achieving financial freedom, FLO Hyderabad has been exploring several options that can be availed of by our members, she said.

For many years, India was the world’s major producer of millet. However, we changed our priorities somewhere along the journey. IIMR in its 60 years journey just focused on Sorghum for 53 years and in the last several years we are focusing on other millets such as Jowar, Bajra and Ragi, etc. Millets are good for health. They are nutrition-rich. We much encourage us to grow more and eat more. This food can be medicine for all especially we all are fighting lifestyle diseases. I am not asking you to bid goodbye to existing food but bring fusion into food plate. Take forward millets to every house. Adjust your food plate. This change can be the answer to all your lifestyle diseases, he said.

We have Nutrihub to support entrepreneurs who want to enter into Millets Business. NutriHub is the Central government’s Department of Science & Technology (DST) supported Technology Business Incubator hosted by the Indian Institute of Millet Research, ICAR – IIMR, Hyderabad. … It has been helping many startups in technical and product development support, technology transfer and cross-learning for women entrepreneurs, Dr. Vilas A. Tonapi said. We look forward to partner to aid women entrepreneurs in agribusiness, he said.

Dr. DayakarRao also presented a walkthrough about ‘Millets Value Chain’.Millets are also known as smart foods. They are good for the Planet as they grow in harsh climatic conditions, need less water and drought resistant. They are also good for farmers as they are short-duration crops and can fetch good income.

Technologies for puffing, flaking, baking, cold extrusion etc are developed for millet-based products to commercialise and package these products. Millet Pasta, Vermicelli, millet Upma, millet sambar mix, such ready to cook products are developed. IIMR developed over 85 millet based recipes that come under different categories like breakfast, lunch, sweets, savouries to include in our daily diet. We have built Eatrite, a brand laboriously built and marketed, solely for popularising millets as a healthy food option, he shared. Now we have created 400 plus brands in just four years, he said.

He listed out Farm Gate Aggregation and Procurement; Machinery Fabrication, Value-added products (such as ready to eat, ready to cook, beverages, plant-based, fortified and nutraceuticals), etc.

Nutrihub incubation provides Technology Consultancy, Identification of suitable products, Mentoring, Nurturing Innovation, Feasibility studies, infrastructure, and other facilities. All these efforts lead to more than Rs 500crore in business with more than 400 startups engaged. We have been successful in creating demand for sorghum through diversification in sorghum/millet food processing technologies and their commercialisation, informed DayakarRao.

Nutrihub’ is the Department of Science & Technology (DST), Govt. of India supported Technology Business Incubator hosted by the Indian Institute of Millet Research, ICAR – IIMR, Hyderabad. It is a unique and first of its kind to cater start-ups needs in the Nutricereals sector in the country, Dr Rao informed. It’s vision Rao said is to Commercialise innovations and startups in Nutricereals Industry with best in the class support system for entrepreneurs.”

It incubated 15 startups, commercialised 44 technologies, 68 technologies were transferred to entrepreneurs and industries. It has 60 millets product technologies available for commercialisation.

SarithaChilakapati, EC Member, Incubation Committee facilitated the talk.

News

Young Chefs from The Indian School of Hospitality among Top 15 From

Dec 12, 2020 by Neel Achary 0 Comments #Abhijeet Dua, #Chef’s Table Studio, #Culinary Student of The Year, #Indian School of Hospitality, #Kanishk Dawar, #top-ranked hospitality school

Gurgaon: Two students – Abhijeet Dua and Kanishk Dawar from the Indian School of Hospitality (ISH), India’s leading hospitality education institution, have made it to the final round of the ‘Culinary Student of The Year’ competition being organized by the Chef’s Table Studio. The pan India competition has garnered strong interest from culinary enthusiasts from some of India’s best hospitality colleges. A total of 450 students have sent in their entries from which 15 entries have made it to the final round which will see some of the most respected master chefs as judges. These 15 contestants will now be performing a live cooking session to win the title of the ‘Culinary Student of the Year’.

Abhijeet and Kanishk are students of the Culinary Arts Programme at the Indian School of Hospitality. They created fusion combinations using advanced cooking techniques. Abhijeet reached the final round by creating a delicious meal of Sous Vide & Torched River Sole, Lemon Rice Cracker, Meen Moilee Sauce, Coconut Lemongrass Cream & Gel, Tobiko, Curry Leaves Dust and Coriander Herb oil, while Kanishk experimented with a fusion combination of deconstructed Murgh Malai Tikka with Pan Fried Noodles.

Given the COVID situation, the final round will be hosted virtually and will have an online audience from across the country. The students will be cooking live in front of the camera from their institutes and their houses, which goes to show their indomitable spirit and willingness to overcome any challenge.

Rajiv Gulshan, Dean – Academics, at ISH wished all participants the best of luck for the competition finale. “We can’t wait to see India’s top 15 young chefs compete for the winner’s title. It so exciting to see enthusiasts put so much heart into the competition. The dishes that everyone is preparing are so varied; it’s refreshing to see the young ones combine age-old recipes with modern techniques. To see them cook live will be absolute magic. I am confident that all young chefs will do exceptionally well in their careers too. It is imperative for institutes like us to further the cause of culinary excellence and build a solid opportunities landscape for our students. Culinary pursuits require a lot of passion and perseverance, I am confident ISH students will do us proud”, he said.

About the Indian School of Hospitality

Located in Gurgaon, the Indian School of Hospitality (ISH), is an institution of higher education focused on reimagining hospitality education for today’s generation & tomorrow’s businesses. ISH is a member of the Ecole hôtelière de Lausanne Network of Certified Schools, the world’s oldest & top-ranked hospitality school. ISH is also the only Indian institute to hold an academic collaboration with Asia’s leaders in culinary arts, At-Sunrice GlobalChef Academy, Singapore. ISH offers degree as well as diploma and certificate programmes at the undergraduate and postgraduate levels.

Business World

360 Realtors partners with Rising Straits Capital for 100 cr Real Estate Fund

Dec 12, 2020 by Neel Achary 0 Comments #founder and Chairman of Rising Straits Capital, #MD and India head, #Mr. Gaurav Rakyan, #Mr. Subhash Bedi, #Real Estate advisory 360 Realtors, #Rising Straits Capital

India’s leading Real Estate advisory 360 Realtors has entered into a partnership with Rising Straits Capital, a leading Real Estate Private Equity (PE) firm to launch a Real Estate dedicated Alternate Investment Fund (AIF).

The newly formed entity is named 360 Rising Straits Management Pvt Ltd which shall act as the Investment Manager of the Fund. 360 Rising Straits is eyeing to raise INR 100 Crores from HNIs, NRIs, and other domestic investors. The AIF will provide last-mile funding and purchase real estate inventory in bulk in stressed real estate projects. The Fund is being distributed by leading wealth managers and investment bankers.

“In the current market conditions, last mile funding opportunities provide attractive risk adjusted returns. Investors enjoy high ROI which is secured by real estate inventory purchased at very attractive prices.” Quoted Mr. Ankit Kansal, Founder & MD, 360 Realtors. “ 360 Realtors & Rising Straits has already invested INR 20+ crores in such deals and realized returns of 30% + over last 12 months” added Mr Kansal

Started in 2014, 360 Realtors has cumulatively sold more than 23,500 units, in the past 6 years leading up to FY 20. It has a presence in more than 9 countries around the world. Despite covid, 360 Realtors has sold more than 5500 units in last 12 months

360 Realtors’ strong foothold in the Real Estate sales and transaction space will be augmented with Rising Strait Capital’s strong fund-management capabilities. Rising Straits Capital was formed in 2015 by one of the co-founders of Red Fort Capital. The team at Rising Straits has invested approx $ 1 billion in India since 2007. In the last 15 months itself, it has returned over INR 700 crores to investors which include reputed global sovereign wealth funds, insurance companies and pension funds.

“The inventory in a project that the Fund will buy will be sold in 12-15 months. The Investors will start getting distributions in a short time frame. ” said Mr. Subhash Bedi, founder and Chairman of Rising Straits Capital.

“We have been investing and managing real estate projects for last 13 years. Given the Fund’s investment strategy, there is a lot of synergy between Rising Straits & 360 Realtors. Our experience in deal evaluation and fund management and 360 Realtors sales capabilities makes this a perfect match” said, Mr. Gaurav Rakyan, MD and India head, Rising Straits Capital.