Archives August 2023

New Delhi, 11th August 2023: Keydroid India, the pioneering brand specializing in car key upgrades, has announced a remarkable 90 percent growth over the past three months. Founded with a vision to revolutionize the way car accessories are upgraded, Keydroid India offers state-of-the-art smart key upgrades that transform regular car keys into touch screen-enabled keys.

Keydroid’s innovative approach to car key remotes has captured the attention of car enthusiasts and tech-savvy consumers alike, resulting in a surge of visitors to their website and a substantial increase in revenue. Over the last three months (April, May, and June 2023), Keydroid India has experienced a remarkable surge in website traffic, attracting a total of 48,000 visitors combined. July alone saw a staggering 64,000 visitors to their website.

In terms of revenue, Keydroid achieved total revenue of 26 lakhs in the quarter ending June 2023, while July’s target revenue of 14 lakhs is expected to be exceeded comfortably. The recent listing of Keydroid products on Amazon and the introduction of sub-brands like Nerve car perfumes are anticipated to contribute significantly to a projected 3x increase in revenue for the quarter ending September 2023.

Expressing his enthusiasm and gratitude, Rajat Jaiswal, Founder and CEO of Keydroid India, stated, “As we celebrate Keydroid India’s remarkable growth, I extend my heartfelt appreciation to our loyal customers, dedicated stakeholders, and the exceptional Keydroid team. Their unwavering support and trust have been the driving force behind our success. With the recent addition of our products on Amazon and the launch of our sub-brand, Nerve car perfumes, we embark on an even more ambitious journey. As we venture forward, we remain committed to delivering cutting-edge innovation and unmatched luxury car accessories, charting a path to global prominence for Keydroid India.”

In addition to its robust financial performance, Keydroid has also garnered significant attention and support from its customer base and social media followers. Over the past three months, the company’s social media following has grown from 14,000 to 18,500, with close to 11,000 subscribers on WhatsApp and 1,100 subscribers via email. Going forward, Keydroid is projecting an unprecedented 5x increase in revenue for the upcoming financial year. Having achieved a consistent doubling of revenue month on month for the past three months, the company is confident in maintaining a similar growth rate for at least the next six months.

To accommodate the increasing demand and interest from customers, Keydroid has invested in upgrading its website technology. With the continuous implementation of strategic marketing efforts and advertising as well as the deployment of automation tools such as Chat Bots, the company expects to welcome over 200,000 visitors to its website in the next three months.

BANGALORE, INDIA, 11th August 2023 Klub, India’s leading growth enablement platform, announced today its investment of INR 40 crores in Indian brands. This substantial capital injection has empowered several prominent brands of India including Naagin Sauce, Ustraa, Illuvia, Kraasa, Jaipur watch Company, amongst others positioning them for revenue success during the upcoming festive season this year. With a focus on elevating the Indian market, Klub’s investments span across various sectors, demonstrating their commitment to driving growth and innovation in the country.

Out of the INR 40 crores invested, the majority was allocated to the fashion and apparel category, closely followed by personal care and beauty. Klub’s diverse portfolio showcases investments distributed across ten distinct categories, fostering a vibrant and thriving ecosystem of Indian brands especially focusing on festive season sales. Klub aims to accelerate growth trajectory and enable businesses in key sectors to capture a larger market share. The capital raised by these brands provides them with essential resources such as working capital, inventory management, performance marketing, store financing, and the opportunity to onboard celebrities and brand ambassadors. This holistic approach enables brands to unlock their full potential and seize the festive season’s unparalleled growth opportunities.

A bar graph showcasing the percentage of capital disbursed by Klub in each category for preparing them for festive season sales from Jan to June 2023.

Arjun Rastogi, co-founder at Naagin, expressed the importance of Klub’s funding and the festive season’s significance for their business. “Securing this timely investment from Klub has been great for us. The festive season is a pivotal period for driving sales and expanding our customer base as our core audience is engaged in festivities and the upcoming wedding season. With Klub’s support, we are well-equipped to introduce new products, scale our operations, and deliver an exceptional experience to our consumers.”

Klub’s co-founder and Chief Operating Officer, Ishita Verma shared their vision for scaling Indian brands through strategic investments. “We are dedicated to propelling the growth of Indian brands and showcasing their potential on a global scale. By offering comprehensive financial solutions and fostering strategic partnerships, Klub is empowering businesses to reach new heights. Our investments are driven by a deep understanding of market dynamics and data-led insights, ensuring that Indian brands are well-positioned to capture the festive season’s tremendous growth potential.”

With their data-led insights and thought leadership, Klub continues to emerge as a driving force behind the success of Indian brands. As the festive season approaches, Klub’s strategic investments empower businesses to innovate, expand their customer base, and maximise revenue opportunities. Klub provides digital businesses with fast and flexible capital up to INR 30 crores without having to dilute equity. Since its inception, Klub has funded 500+ brands in over 1200 investment rounds. To know more, visit www.klubworks.com

11th August 2023 mPokket – a leading digital lending platform – today announced the introduction of its new work-from-home policy, ‘Don’t-Feel-Like-It’ (DFLI), aimed at enhancing employee morale, motivation, and mental well-being while promoting a healthy work-life balance. This innovative policy reflects mPokket’s commitment to fostering a productive and harmonious work environment that prioritizes the overall well-being of its team members.

As per the policy, each individual can avail of up to 12 DFLI days per year, permitting one work-from-home day per month. This progressive policy aligns with mPokket’s core values of employee-centricity and a supportive work environment, as it creates a culture of flexibility and understanding while encouraging a healthy integration of work and personal life.

“We understand the importance of creating an enabling environment for our employees, where they have ample room to grow, learn and thrive. At mPokket, our employees remain the foremost priority. Therefore, their mental health is paramount to our success,” said Gaurav Jalan, CEO & Founder of mPokket. “As a result, through initiatives such as the DFLI policy, we are striving to provide a conducive environment for all employees that enables them to achieve their full potential and grow with the organization.”

The DFLI work-from-home policy not only addresses the unique challenges faced by employees in different locations but also serves as a testament to mPokket’s commitment to promoting a healthy work-life balance within the team. By allowing individuals the flexibility to work from home on their chosen days, mPokket empowers employees to better manage personal commitments while maintaining productivity and job satisfaction levels.

mPokket’s introduction of the DFLI policy marks a positive step towards prioritizing employee welfare, reinforcing its dedication to creating a nurturing work ambience that allows individuals to flourish both professionally and personally. With this forward-thinking approach, mPokket aims to foster a positive work-life balance and build a resilient and engaged team that thrives in all aspects of their lives.

The DFLI work-from-home policy comes in addition to all-purpose leaves such as Casual Leaves (CL), Earned Leaves (EL), Sick Leaves (SL), and Maternity/Paternity Leaves. These leave categories are unchanged, with employees entitled to 51 leaves annually, in addition to maternity/paternity leaves.

New Delhi, 11th August 2023 – ControlZ, a premium renewed smartphone brand, is excited to introduce the upcoming “OnePlus Dayz”, scheduled to run from 9th August to 16th August 2023. This exclusive event is set to revolutionize the smartphone market by offering premium renewed OnePlus devices at irresistible prices. The deal price would be starting as low as ₹8,499 and reach up to ₹47,999.

The central theme of the “OnePlus Dayz” campaign is to make the iconic OnePlus experience accessible to a wider audience. ControlZ recognizes the desire of smartphone enthusiasts to own premium devices without compromising on quality. With the “OnePlus Dayz” campaign, ControlZ aims to bridge this gap and offer a unique opportunity for everyone to embrace the OnePlus legacy. It aims to show that premium doesn’t have to mean unaffordable.

During the “OnePlus Dayz” campaign, customers can lay their hands on an extensive range of OnePlus smartphones at unprecedented prices. Here are some of the remarkable deals:

Mumbai, 11th August 2023 Amazon miniTV – Amazon’s free video streaming service, is all set to tug the heartstrings of viewers with emotions of pride, love, and euphoria. Embracing the essence of nationalism while upholding the embers of patriotism, the streaming service today unveiled the trailer of Rakshak- India’s Braves, Chapter 1, Kahani Jammu Station Ki. Inspired by real-life incidents, the 3-part film is a beautiful tale of Lt Triveni Singh, a young soldier who sacrificed his own life to safeguard over 300 civilians who were caught in the crossfire, while trying to secure Jammu Railway Station. Directed by Akshay Chaubey, and Produced by Juggernaut, the film starring Varun Mitra, Kanika Mann, Mrinal Naval, Mrinal Kulkarni, and Mohit Chauhan in pivotal roles will premiere on 11th August exclusively on Amazon miniTV for free.

With high-octane battle sequences, realistic and taut action, enthralling cinematography, and intriguing character arcs, the trailer gives a glimpse of this courageous and heroic story. Chapter 1 traces the life of Ashok Chakra awardee Lt Triveni Singh, where his professional life is juxtaposed with his personal life and gives glimpses of his love story, along with highlighting his story of valor and love for the nation. The trailer witnesses Triveni Singh bravely fighting and gunning down terrorists in direct combat and selflessly sacrificing his life to save the lives of citizens. The goosebumps-inducing, action-filled scenes will definitely leave us teary-eyed and distraught.

“Rakshak-India’s Braves: Chapter 1 is our humble tribute to the armed forces who are a source of inspiration, sacrifice, valour and courage to all of us. It’s an honour to bring the incredible story of Lt Triveni Singh to audiences across the country,” said Amogh Dusad, Head of Content, Amazon miniTV.

Varun Mitra, shared, “This is the story of each and every soldier who fought for our country and to safeguard the citizens. Lt. Triveni Sigh laid down his life for us, and this holds true for all the other martyrs as well. This film is an homage to all of them and reminds us of the kind of sacrifices the armed forces make so that we can live freely and safely. Playing a real-life combat hero is a huge challenge for any actor, and it’s a huge source of pride as well. There is pressure and responsibility that comes along while portraying this kind of role. Rakshak is the story of bravery and courage that the martyrs display on the battlefield.”

“I really want to express my gratitude towards the Indian Army’s courage and valour as well as the families of the army. Unfolding the events and emotions behind what happened at the Jammu Station, Rakshak traces the story of Lt. Triveni Singh who sacrifices his life for the country and the citizens. Rakshak- India’s Brave is a film that recreates a real-life heroic story and of what has actually happened. I have put all efforts to be honest and real to the character that I play. When you play a real-life person there is a lot of responsibility that goes behind it and so I have been as authentic as possible to this role,” shared Kanika Mann while talking about the film and her role.

Hyderabad, August 10, 2023.…..SIP Academy Celebrates 20 years of transforming lives, and reaches a landmark achievement of training one million kids in the last 20 years. It developed many kids into human calculators. Produced many kids below 15 years to be faster than the best calculators said V. Bharat, State Head of SIP Academy, India’s largest skill development Academy in India in a press note issued in the city today

With a significant presence in Telugu states and headquartered in Chennai, It has been developing problem-solving analytical and critical thinking skills, concentration, memory and arithmetic ability in kids.

It started with 5 employees and 5 Area partners in the year 2003. Today it is a mammoth organization. Founded by Mr Dinesh Victor, IIT Mumbai alumni, it is today the largest skill development company for children in India, said Bharath

SIP Academy includes 3 businesses – SIP Abacus, GlobalArt and MiKids. SIP Abacus is a skill development program that helps in various aspects of a child’s development and is designed to develop soft skills, numerical abilities and overall intelligence. Global is the first and only systematic, complete and efficient art program that aims to develop the artistic and creative potential of children. MIKIDS is a phonic-based International English learning program.

SIP Academy has a presence in 11 countries. It has trained one million kids in the age group of 5 to 15 years in the last 20 years. It trained 52,500 kids in Telangana alone. It has 950 centers across India and 54 in Telangana. 49 out of these 54 centres in Telagnana are managed by women. Most of its course instructors are women. It has well over 5000 of them. Out of which 250 are alone in Telangana.

Hyderabad’s Neelakanta Bhanu Prakash who emerged as the fastest human calculator in the world in the year 2020 is the alumni of SIP Academy. He is the first Indian to win the coveted title

SIP Academy is making a significant impact on the mental capacity of children. It is widely known for producing child prodigies with razor-sharp intelligence. It holds 5 Limca Book of Records.

Another important aspect of it is 80% of people who work with it as Trainers, Franchisees or employees are women. It is a women-friendly company that supports the entrepreneurial drive-in women.

It’s vision is to eradicate Math phobia, improve cognitive abilities in students through arithmetic learning, help students explore the infinite capabilities of the human brain, make Math fun and promote Brain Games as a Structured sport

Its students have been demonstrating how powerful the human brain is if properly trained. Through its program, kids develop intelligence. It demonstrates that math is fun, an easy thing to do. Every child if trained properly can calculate faster than a calculator. They can be counting machines. Today many trained students are racing past the speed of a calculator.

Speaking about trends in this space in India, Mr Dinesh Victor, MD of SIP Academy said, many parents are looking to empower their kids with additional skills. Mind Sport is considered a new genre of sports by many parents now. Fact there should be a day dedicated to Mind Sports. He appealed to the Union Human Resources Ministry to consider declaring a day for Mind Sports. Mind sports are seen as a new mantra to develop the intellectual potential of the child by many educationists. It is considered and defined as a genre of sports by many developed countries. But, we haven’t done much in this, he added.

An IIT and IIM alumni, Dinesh Victor is a champion of the skill development movement for Children in India. He is one of the names to reckon with in India on the subject of Skills Development in children. He was featured in the top 10 IIT Mumbai Alumni Leaders in the year 2022.

Many experts, educationists, particularly parents are awakening to the dangers of their children becoming addicted to digital screens and devices and we want kids to explore Mind Sport as a good and constructive engaging activity that will contribute to their intellectual potential, Dinesh added.

New Delhi: Anytime Fitness India, a trailblazer in the fitness landscape, has proudly announced the launch of three remarkable gyms in the heart of Delhi-NCR. The gyms have been inaugurated at Prashant Vihar, IP Extension, and Chattarpur Area on the same day. The brand has now achieved an impressive feat of 61 gyms in Delhi NCR and an astounding 130 gyms across the country.

The inauguration ceremony, held recently, was graced by the esteemed presence of celebrated athletes, Ms. P.T. Usha and Mr. Rajeev Tomar. These iconic figures, renowned for their sporting prowess, lent their support to Team Anytime Fitness in a collective celebration of health and vitality. The grand opening took place with great enthusiasm, commemorating yet another milestone in the brand’s journey to elevate fitness and well-being across the nation.

Mr. Vikas Jain, the visionary Managing Director of Anytime Fitness India, shared his excitement about the launch, saying, “The introduction of these three state-of-the-art gyms exemplifies our commitment to fostering a culture of wellness. We are dedicated to providing individuals with a platform to achieve their fitness aspirations and embark on a transformative journey towards a healthier lifestyle.”

“The newly unveiled gyms redefine the fitness experience with their exceptional features, including 24×7 access, the convenience of a single membership offering global gym access, and the innovative Workouts App that empowers members to personalize their fitness routines effortlessly.”, further added Mr. Jain.

P.T. Usha, the revered former Indian track and field athlete, expressed her delight, stating, “The expansion of Anytime Fitness India reflects their dedication to making fitness accessible to all. These new gyms are a testament to their mission of promoting well-being and healthy living.”

Rajeev Tomar, a distinguished Indian wrestler echoed the sentiment, “Anytime Fitness India’s commitment to round-the-clock accessibility and the unique global membership access is a commendable step towards a fitter nation. These gyms hold the promise of a brighter, healthier future.”

Vishal Kwatra, Director of Anytime Fitness India, eloquently expressed, “In this era of innovation and progress, the younger generation is resolutely committed to prioritizing health and fitness. They truly grasp the significance of a wholesome lifestyle. Our endeavor is to bolster this movement and contribute towards fostering a healthier and fitter India. With unwavering determination, we are rapidly expanding our club presence nationwide, and the remarkable response from our users and gym owners fills us with immense joy.”

This momentous occasion underscores Anytime Fitness India’s position as a true pioneer in the fitness arena. The launch of these gyms stands as a resounding testament to the brand’s foothold in shaping a healthier and fitter India.

10th August 2023: TECNO, the renowned global technology brand, is pleased to announce its collaboration as the co-presenter of the latest edition of the highly acclaimed reality show, ‘India’s Got Talent,’ on Sony Entertainment Television. This partnership solidifies TECNO’s commitment to empowering and supporting the dreams and passions of talented young individuals across India.

As a brand that believes in nurturing the aspirations of young digital natives, TECNO is excited to join forces with ‘India’s Got Talent,’ a platform that is synonymous with discovering hidden talent from across the country and placing them in the spotlight. The partnership between TECNO and ‘India’s Got Talent’ reflects the brand’s dedication to fostering the potential of Indian youth and providing them with a platform to showcase their talents, reaching millions of viewers. TECNO firmly believes in the powerful combination of technology, talent, and passion, which creates a force for positive change.

Speaking on the collaboration, Arijeet Talapatra, CEO of TECNO Mobile India, commented, “We are elated to embark on this extraordinary journey as co-presenters of ‘India’s Got Talent’ on Sony Entertainment Television. This partnership holds a special place in our hearts as it perfectly aligns with our brand philosophy of innovation, empowerment, and celebrating exceptional talent. At TECNO, we believe in the power of youth and the importance of connecting with them through initiatives like this. Our brand philosophy, ‘Stop At Nothing’ drives us to reach diverse communities and empower them to explore their true potential using our smartphones. Through our association with ‘India’s Got Talent,’ we are taking this commitment even further by providing a platform for aspiring artists and extraordinary talents to showcase their skills and dreams to a vast and appreciative audience. We are dedicated to creating a space where young talents can shine and fostering a culture of inspiration and excellence.”

As a brand that aims to connect with the diverse youth of India, TECNO eagerly anticipates witnessing the extraordinary range of talents featured on ‘India’s Got Talent.’ The show promises to captivate audiences with an impressive array, ranging from traditional art forms to cutting-edge performances.

Neeraj Vyas, Business Head – Sony Entertainment Television, Sony SAB, PAL and Sony MAX Movie Cluster, said, “Sony Entertainment Television has always believed in nurturing the dreams of aspiring Indians and empowering them to pursue their passion in life. This partnership with TECNO for the highly anticipated season of India’s Got Talent drives synergies with our vision of providing a national platform for budding talent. We are dedicated to delivering top-notch entertainment with a spectacular display of never-seen-before acts and creating unforgettable experiences for our viewers.”

This season is set to break new ground with participants such as the 15th NAP IR band from Nagaland, the Inspiring Dance Family from Kolkata, Navarasam from Kerala, and Raga Fuzion, a classic fusion music group from Mumbai, among other incredible artists. Furthermore, some participants have set new benchmarks by breaking the Guinness World Record with their extraordinary talent and determination, making this season of India’s Got Talent an iconic and historic milestone to cherish. Their dedication to their craft exemplifies the values TECNO holds dear.

‘India’s Got Talent’ airs every Saturday and Sunday at 9.30 PM only on Sony Entertainment Television. Join TECNO in supporting and applauding the true essence of ‘hunar’ as we embark on this extraordinary journey with ‘India’s Got Talent’!

10th August 2023: Haryana School Shiksha Pariyojna Parishad, the implementing agency for Samagra Shiksha under the Government of Haryana, has partnered with Magic Bus India Foundation, a leading non-profit organization in the education and skilling space. This collaboration aims to empower government school teachers to deliver life skills education, fostering the holistic development of adolescents in government schools across Panchkula, Gurugram, and Yamuna Nagar.

Through its teacher-led program, Magic Bus India Foundation will train approximately 1400 teachers to benefit 80,000 adolescents across 700 government schools. These teachers will then effectively impart 21st-century life skills including self-awareness, self-management, collaboration, empathy, decision-making, problem-solving, communication, negotiation, assertiveness, and adaptability to adolescents from 6th to 10th grade.

Notably, the Government of Haryana has placed a strong emphasis on providing skill-based education, multi-disciplinary learning, and holistic development of adolescents which is in line with the National Education Policy (NEP) 2020. With most of the schools in the state being government-run and catering to a majority of the adolescent population, this partnership marks a significant milestone.

Shri. Sanjay Kumar, Consultant, Haryana School Shiksha Pariyojna Parishad said, “Haryana is strongly aligned with the implementation of National Education Policy (NEP) 2020 and we believe that empowering young minds with the right skills is the key to unlocking their potential and creating a brighter future. The partnership with Magic Bus India Foundation is a significant step towards providing life skills education to our adolescents, enabling them to become self-reliant and contributing members of the society. We are committed to working closely with Magic Bus India Foundation to drive positive change in the lives of our young people.”

Jayant Rastogi, Global CEO, Magic Bus India Foundation said, “Through our partnership with the Government of Haryana, we look forward to taking Magic Bus India Foundation’s rich experience in life skills education to the teachers and adolescents of Haryana. Education is the most powerful tool that can help young people break the cycle of poverty, and we aim to equip adolescents with necessary 21st Century life skills to help them navigate life and its challenges. Together, we are laying the foundation for a more equitable and prosperous society, where every young person has the opportunity to realize their full potential.”

10th August 2023: DreamFolks, India’s largest airport service aggregator platform has clocked a remarkable 66% YoY growth in revenue at INR 2,663.21 million for the quarter ended June FY24. This is attributed to an increase in passengers’ growth and various initiatives driving penetration in lounge and other services.

Key Highlights – Q1 FY24:

•  Q1FY24 Revenue of INR 2,663.21 million; 66.18% Growth YoY
•  ­EBITDA at INR 186.92 million; EBIDTA Margin at 6.99%
•  ­PAT stood at INR 129.62 million; PAT Margin at 4.87%

Commenting on the results Ms. Liberatha Kallat, Chairperson and Managing Director said:

It has been an impressive beginning to the year, building upon the positive trends of the previous two quarters. DreamFolks has showcased strong operational capabilities, resulting in a significant revenue uptick. Regarding our Financial Performance, we have witnessed a remarkable 66.18 % revenue growth, surging from INR 1602.60 million in Q1 FY23 to INR 2663.21 million in Q1 FY24. Our steadfast commitment to an asset-light model and lean team structure has allowed us to proudly maintain a debt-free status.

In recognition of the company’s exceptional performance and commitment to delivering value to its shareholders, the Board of Directors is pleased to announce the Inaugural interim dividend of INR 0.5 per share.

Operational Highlights:

The domestic air traffic for the quarter has increased by 18.63% in comparison to the same period in the previous fiscal year. Despite Q1 being a typically subdued period, the company has seen a robust 45.30% YoY growth in passengers utilizing their lounge and other services in Q1 FY24.

Interim Dividend announcement

The Board of DreamFolks has approved a dividend of INR 0.5 per share for the quarter ending 30th June ‘2023. This dividend will be payable on or before 8th September’2023 to the shareholders on the record date as of 22nd August’ 2023. DreamFolks services strong financial position enables it to share its success with its shareholders.