Archives April 2024

Mahindra Lifespaces sells homes worth350 Cr in 2 Days at Mahindra Zen, Bengaluru’s 1st Net Zero Waste + Energy Homes

Bengaluru, 20th April 2024: Mahindra Lifespace Developers Ltd., the real estate and infrastructure development arm of the Mahindra Group, today announced the successful launch of Bengaluru’s 1st Net Zero Waste + Energy residential project, Mahindra Zen. The project witnessed an outstanding response from homebuyers, with over 150 homes booked within just 2 days, which is ~ 65% of the launched inventory. This remarkable achievement, totaling over ₹350 crores in value, underscores the growing demand for sustainable living solutions in Bengaluru.

Against the backdrop of rising environmental concerns, Mahindra Lifespaces’ innovative offering has resonated strongly with homebuyers, reaffirming the company’s position as a leader in sustainable real estate development.

Vimalendra Singh, Chief Business Officer (Residential), Mahindra Lifespace Developers Limited said, “The successful sales of Mahindra Zen reinforces our commitment to environmentally responsible development and highlights the growing preference for sustainable living among our customers in Bengaluru. As pioneers of Net Zero homes in the country, we aim to contribute to reducing the environmental impact of real estate and are delighted with the response that our project has received. This achievement highlights the increasing awareness and desire among homebuyers to contribute to a greener future.”

Mahindra Zen offers ‘nature-crafted living’ with features inspired by the five elements of nature viz. Earth, Fire, Wind, Water, and Air: like the urban forest, solar-powered working pods, and symphony corner. Additionally, Mahindra Zen embodies a climate-responsive design with features such as solar-powered amenities and low-flow sanitary fixtures, contributing to resource conservation. With amenities also promoting sustainable living, Mahindra Zen reflects a holistic approach to community well-being.

The location of Mahindra Zen offers easy access to major business parks and IT hubs like Electronic City, ensuring a convenient daily commute. The neighborhood features renowned educational institutions, shopping centers, supermarkets, entertainment venues, and dining options, catering to family needs. Residents can also enjoy Bengaluru’s vibrant nightlife, adding to the overall lifestyle appeal.

Success of CMAI FAB Show 2024 Beckons a Bright Future for India’s Textile & Apparel Industry

Mumbai, April 19, 2024: The Fabrics, Accessories & Beyond Show 2024 (FAB Show 2024), hosted by the Clothing Manufacturers Association of India (CMAI), wrapped up its 4th edition on a successful note consequently boosting Textile industry sentiments with exceedingly high business prospects. The three-day event, which took place from April 15 to April 17 at the Bombay Exhibition Centre, Mumbai, outperformed industry expectations with an estimated business generation of more than 2,100 crores.

The trade show successfully attracted 10,200 trade visitors from 320+ cities across India which included over 1,500 elite platinum buyers. Moreover, overseas buyers from 16 countries mainly Bangladesh, UAE, Bahrain, Egypt, Russia, Hong Kong, USA, Kenya, Sri Lanka and Nepal also visited the show. The presence of sourcing heads from renowned brands and retail majors like Aditya Birla Fashion & Retail, Bestseller, Gokaldas Exports, Kora, Mufti, Pepe Jeans, Reliance Brands, Shoppers Stop, Soch, Stori, Spykar, Westside and many others further boosted industry confidence thus reflecting the event’s importance as a prime sourcing platform.

Speaking about the success of FAB show, Rajesh Masand, President, CMAI expressed, “The impact of this grand sourcing event will resonate across the garment industry supply chain, promising not only immediate business but also long-term strategic developments and new sourcing relationships for all stakeholders involved. The remarkable success of this year’s show reflects a buoyant industry outlook, fuelling optimism for a robust recovery in the upcoming seasons. This resurgence comes at a crucial time as our industry was stressed with tepid demand and recent challenges like the amendment affecting MSME payments. With the positive momentum generated by the FAB Show, there is a renewed confidence that the industry outlook will soon be back on growth path.”

event 2024 10

This year’s FAB Show was a focal point for industry Innovation and Sustainability, showcased by over 200 domestic exhibitors, including major names like Grasim, Arvind, Siyaram’s, Gokul Print, Jindal, Banswara Syntex, Ruby Mills, Bhagwan Enterprise apart from many MSME’s. Noteworthy participants from diverse sectors such as fabric suppliers, accessories manufacturers, and software developers demonstrated their latest offerings and services to a discerning audience.

“FAB Show 2024 has set a new benchmark for success in the textile & apparel industry, reflecting our commitment to driving growth and sustainability,” said Naveen Sainani, Chairman FAB Show, CMAI. The Sustainability zone was a major attraction at the fair which showcased fabrics crafted from waste, recyclable materials and educated about benefits of waste water management promoting innovation & circularity which is a cornerstone of CMAI’s holistic strategy to engage, educate, and inspire the garment industry. He further elaborated “Our environment is changing and if the world can’t avoid deforestation, we need to invest in reforestation. On behalf of the 2876 visitors who pledged to voluntarily become earth warriors, CMAI will be planting 2876 tree saplings to create a healthier environment, fight climate change, and protect biodiversity”.

The Surat Pavilion organized by the Southern Gujarat Chamber of Commerce & Industry (SGCCI) showcased over 40 leading fabric manufacturers for the fourth consecutive edition of FAB. One of the key reasons for the popularity of the Surat pavilion amongst the visitors is their ability to present the latest trends and understand the needs of the garment industry. Speaking about the current business landscape, Siddharth Dhawan, Director, Gokul Tex Print – a leading fabric manufacturer from Surat, expressed, “We have seen a steady growth over the last year, which slowed down in the last few months due to the MSME payment amendment that came in. This year, we are confident that starting June till December, signs of growth will become evident as we deliver the merchandise to manufacturers, which they will provide in the market.” Another participant, Ritesh Patel, Director, Surbhi Textile Mills from Surat said “We received an extraordinary response for all of our products and the presence of buyers from all across the country gave us a great exposure. We are looking forward to participate in the next CMAI show”.

Speaking about their business outlook, Murugan Thenkondar, President – Marketing & Global Head – Business Development, Aditya Birla (Cellulosic Fibres) stated “The export market is facing a lot of turbulence currently and our domestic market has been growing steadily which is the reason we are exhibiting here. CMAI has been highly successful in presenting the textile value chain to participate mainly in cloth manufacturing brands, yarns, weavers, knitters, spinners and fibres thus offering a one-stop-destination to meet sourcing requirements. Distinguishing from other fairs, FAB is an excellent annual platform for the domestic customers and we are seeing a lot of positive energy at the show”.

Sailesh Kukreja, Managing Director, Bhagwan Enterprise from Mumbai elatedly said “We thank CMAI for implementing innovative measures to ensure the presence of buyers from across the country that made the fair a thrilling success. The exhibition was well organized and the on-spot visitor registration process was very swift. The overall publicity campaign was very well designed and consistently created a buzz on social media. We look forward to participating in all upcoming CMAI fairs and hope for a grander success”.

Speaking about Sustainability, J.P. Singh, Director, Ramtex – Parmeshwari Silk Mills from Ludhiana said, “We are committed to Sustainability and have adapted eco-friendly processes to save approximately four lakh litres of water daily. It is heartening to see that consumers are getting more environment-conscious by the day and are preferring eco-friendly fabrics such as ours. Our main markets have been Punjab, Haryana and Delhi; however, we have started receiving increased demand through our distributors from Mumbai, Pune, Hyderabad, Chennai, Bengaluru, Kolkata and Indore too.”

A lucky draw contest was also held on all the three days of the show wherein Rupees 10 lacs worth of scooters, gift cards and holiday vouchers of leading brands were handed out to visitors and exhibitors.

Value Flow – A Crypto Services Ecosystem

What is Value Flow and what does it solve?

Value Flow is creating a Crypto Services Ecosystem that will be powered by the VFLOW Token. As the Crypto Industry evolves the opportunities that this market offers change constantly. No one can predict which is the next crypto services sector that will offer the best returns in the upcoming bull run. Furthermore, simplicity and accessibility remain two factors that can unlock a serious value inflow to the Crypto Market by people who now struggle to figure out how the crypto economy works.

Value Flow will offer a series of services such as: Futures Trading AI Bots, Security Token Offerings for Real World Assets tokenization, DeFi Smart Vaults, Crypto Lending, and Staking. The scope is to unify all these services under one roof so the VFLOW Holders can easily navigate and select the services that they wish to interact with. The range of services cover all crypto sectors so the users will be able to benefit from any of the services that boom during the next bull run.

The platform charges a 20% success fee for all profits that are generated using the services. The participation in membership means that the users of the platform have interests that are aligned with the platform developers, creating a community of shared interest in maintaining the platform and the token value.

the Value Flow ecosystem

Token Overview

Token name: Value Flow
Token symbol:VFLOW/USDT
Total supply: 250M

The VFLOW Utility token is the main shaft of the ecosystem. More specifically, it grants access to all our services. Furthermore, the Token Holders gain discounts and airdrops based on their account level. The more tokens’ Holders have in their wallets the more benefits they get.

Rewards: Hold VFLOW for 365 days and receive part of the 10% from the Income Wallet Amount that will be airdropped to the Token Holders in USDT.
Discounts: Pay for any of our services success fees with VFLOW Tokens and receive 20% discount.
Staking: % Annual APY for 365 Days Lock-up + part of the 10% Company Income Wallet annual airdrop.
RWA token access: Buy and stake VFLOW Tokens in order to access the RWA Pools.
NFT: Buy NFT’s with your VFLOW Tokens to receive extra discounts.

What are the strengths of Value Flow?

Trading engine: The Value Flow Team has completed the design and coding of the VFLOW Trading Engine. The Trading Engine is an algorithmic mechanism that consists of 34 parameters that can produce over 3000 trading strategies combinations. The Trading Engine can adjust to any cryptocurrency trading pair in any exchange and in any time frame. It analyzes the trading data and then produces the best strategy script to power a specific trading bot.
Saas: The Trading Engine Software will become available on Trading View as a strategy under a subscription model. The Uses will be able to pay the subscription in USDT or in VFLOW Tokens (for a discount).
VFlow Bots: The Company will create a Copy Trading Platform that will support restricted API connection to all major exchanges. Through this platform, the Company is going to offer access to its Trading Bots. The services success fee will be set to 20% for the profits generated. The users will be able to register in the platform and connect their exchange accounts through the restricted ip API bridge. When the service generates profits the users will receive an invoice they must pay in USDT otherwise they get disconnected from the service.
Crypto fund: The Company is going to set up a Crypto Fund that will use the Trading Engine Technology to manage large Investor portfolios.

What does the Value Flow ecosystem include?

Trading Technology

Value Flow’s vision is to become a Trading Technology Vendor. This is why they designed the Trading Engine, a Trading View Strategy, which will become a valuable tool for every trader. And this will happen because it offers you the ability to combine multiple trading strategies and techniques with just a few clicks. In the world of automated trading, you need the best tools you can find.

Decentralized Finance

Users will be able to connect their hot wallets and design their own strategies or select some of Value Flow’s strategy templates.

NFT Marketplace

There will be promoting specific collections that VFlow is going to design along with your digital creators but also along with athletes and sport clubs.

Tokenization

In Value Flow’s Real-World Asset Pools, you will be able to participate in new Token offerings that will have to do with the Traditional Economy. VFLOW Services offers the platform and regulatory framework so Companies can issue their RWA Tokens.

 

Sonio Announces Maternal-Fetal Medicine Physician as Scientific Advisory Board Member

PARIS, FRANCE (19th April 2024 ) – Sonio, the MedTech company specializing in women’s and children’s health, today announces the appointment of a new Scientific Advisory Board Member, Dr Yinka Oyelese, following their FDA Clearance in the US in 2023.

Currently serving as the Director of Obstetric Imaging at Beth Israel Deaconess Medical Center/Harvard Medical School in Boston, MA, Dr. Oyelese has over 37 years of experience in the medical field and specializes in high-risk pregnancies. Following training in Nigeria, he moved to London, where in the 1990s, he worked at St. George’s Hospital, London, under such ultrasound luminaries as Professors Stuart Campbell, Yves Ville, Tom Bourne, and Christoph Lees. He completed an OBGYN residency at Georgetown University Hospital and fellowship training in Maternal-Fetal Medicine at Robert Wood Johnson Medical School/Rutgers University. He regularly contributes to prominent journals and obstetrical textbooks and has authored editorials for The American Journal of Obstetrics & Gynecology and Ultrasound in Obstetrics & Gynecology. A trusted expert in the field, he lectures worldwide and is a peer reviewer for over 30 medical journals.

Dr. Oyelese joins current Sonio Scientific Advisory Board Members Pr. Rabih Chaoui, Pr. Richard Kwong Wai Choy and Pr. Mark D. Kilby are each medical leaders in their respective focuses.

Dr. Yinka Oyelese says “AI represents a transformative leap forward in ultrasound technology, with immense potential to enhance the quality, efficiency, and convenience of prenatal ultrasound. It dramatically expands the capabilities of obstetric ultrasound, with promising applications poised to benefit patients, sonographers, and physicians alike. I am thrilled to embark on this pioneering journey in partnership with Sonio, as we navigate the exciting possibilities this innovation holds.”

Celia Amabile, Head of Clinical at Sonio, says, “We are thrilled to announce our collaboration with Dr. Oyelese and welcome his expertise in US clinical practices to the Sonio Scientific Advisory Board. We are eager to share insights on the future challenges of prenatal ultrasound diagnosis with maternal healthcare providers across America. Together, we hope to share how AI can be leveraged for healthcare professionals of all experience levels.

Together, Sonio and Dr. Oyelese plan to make maternal healthcare more accessible to all women across the US. With over 20 years of experience as a leader in obstetric and gynecological ultrasound, Dr. Oyelese will lend his extensive expertise to the Sonio team. Their goal is to introduce revolutionary technology into the maternal healthcare sector, aiming to transform and enhance the quality of care provided to mothers across the nation.

Dr. Pavuluri Subba Rao, Founder, CEO and Chairman of Ananth Technologies has been conferred with the Aeronautical Society of India (ASI)’s ‘Arybhata award’

Dr. Pavuluri Subba Rao

19th April 2024 Ananth is extremely happy and proud that its Founder, CEO, and Chairman Dr. Pavuluri Subba Rao has been conferred with the Aeronautical Society of India (ASI)’s ‘Arybhata Award’ and also presented with the title of ASI’s ‘Distinguished Fellow’.

The Aryabhata Award is in recognition of Dr. Rao’s tremendous lifetime contribution to the promotion of Astronautics in India. It is a great honor to receive this prestigious award from Shri. S Somanath, President, ASI and Chairman, ISRO and from Dr Kiran Kumar ,former Chairman ISRO

Dr. Rao was a scientist at ISRO and in 1992 incorporated Ananth Technologies Limited to indigenously design and develop some of the most sophisticated avionics for ISRO and Defense in India. Ananth currently employees 1600+ across its three Centers of Excellence in Hyderabad, Bengaluru and Thiruvananthapuram.

4 design startups where Tech Meets Style: A Look at Modern Tech Design Transforming Interior Spaces

4 design startups

In today’s fast-paced landscape of modern living, technology permeates every facet of our existence, extending its influence even in interior design, where innovation meets aesthetics to redefine our living spaces. From augmented reality tools to smart home innovations, tech interior design startups are reshaping the way we think about modern tech design in interiors. These startups are not only embracing modern edge technology but also infusing it with unmatched style to revolutionize interior design as we know it.

These visionary design startups, pioneering the fusion of state-of-the-art technology with unparalleled style, revolutionize interior spaces. With a keen eye for detail and a commitment to pushing boundaries, startups are redefining what it means to inhabit modern spaces, how they’re challenging norms, pushing the limits of creativity, and ultimately reshaping our understanding of modern tech design within interior environments.

Here are the top Top 4 design startups where Tech Meets Style: A Look at Modern Tech Design Transforming Interior Spaces

Flipspaces :
Established in 2015, Flipspaces is the first tech-enabled brand that offers a full-stack solution for the design and build of commercial spaces. It is also the largest global supply chain platform for interior products and services backed by its strong technology and industry acumen. Flipspaces SaaS-driven product Vizstore is a virtual store that allows interior product owners to digitize the product display, visualization, and selection experience aided by virtual reality technology. Embracing its cutting-edge technology specially created for furniture and furnishing retail stores, it helps boost sales by 30% while reducing store rent to a mere 3 paise per sqft.

Urban Ladder:
Urban Ladder commenced operations in 2012 with a vision – to make a million homes beautiful. They had a mission to enable their audience to think of setting up space as an energizing, creative pursuit and to help to breathe life into empty rooms with ideas.

Pepperfry: Pepperfry since 2011 brings to you stylish and quality furniture with attractive EMI options. From electrical appliances to wall art, Pepperfry grants everything you need to make your apartment home and your home your dream one.

Furlenco:
In 2011, Furlenco was born to give everyone access to awesome furniture without any hassles. Plus, the complete freedom to use it for as long as they want or change it as per their needs.

Exclusive Announcement: Former Varroc Head of operations joins Sieger Tech as New COO

19th April 2024  Hyderabad: Sieger Tech, a leading name in the lithium battery industry, officially announces the appointment of Kuldeep Magiri as its new Chief Operating Officer (COO). Kuldeep, with extensive expertise in operations and manufacturing, is a vibrant force bringing invaluable proficiency to drive Sieger Tech’s growth trajectory.

In his previous role as Head of Operations at Varroc Group, a prominent motor manufacturing firm, Kuldeep’s track record is proof that his strategic implementations have significantly enhanced cost-effectiveness, operational flexibility, and customer satisfaction. With extensive expertise in the manufacturing and automotive sectors, Kuldeep’s leadership and strategic vision align with Sieger’s goals of innovation, sustainability and market dominance, in perfect harmony.

Sieger Tech has long been at the forefront of innovation in India’s lithium-ion battery and Battery Energy Storage Systems (BESS) market. Establishing a full-scale R&D center in 2017 and pioneering state-of-the-art manufacturing facilities with a capacity of 100MWH,its prestigious research project for Indian Military Application in 2022 underscored its prowess. Guided by principles of quality, reliability, and productivity, Sieger Tech continues to capture significant market share, pioneer advancements in battery technology and solidify its position as an industry frontrunner with an additional manufacturing capacity of 0.1 GWH, totaling 0.6 GWH and scalable to 2 GWH per annum.

Commenting on the appointment, Sieger Tech’s CEOMr.GURU Prasanth Reddy remarked, “We are thrilled to welcome Kuldeep Magiri to the Sieger Tech family as our new COO. His proven track record in operations management and deep understanding of the manufacturing landscape make him the perfect fit to lead our operations to new heights.”

Kuldeep Magiri expressed his enthusiasm for the new role, stating, “I am honored to join Sieger Tech, a company known for its commitment to innovation and excellence. I look forward to collaborating with the talented team at Sieger Tech to drive operational efficiency and fuel the company’s continued success.”

With Kuldeep Magiri at the helm as COO, Sieger Tech is poised to strengthen its leadership position in the lithium battery industry. The company remains committed to driving innovation and customer satisfaction, ensuring a sustainable future through its sophisticated system for managing and maintaining batteries.
A

Footprints Childcare Launches Industry-First AI Assistant with 98% Accuracy, Revolutionizing Early Childhood Education

New Delhi, India – 19th April 2024 : Footprints Childcare, India’s renowned preschool and daycare brand, today announced the launch of its revolutionary AI assistant, boasting an impressive 98% accuracy rate. This innovative technology marks a significant leap forward in early childhood education, empowering Footprints to deliver unparalleled care and transparency to parents.

Footprints’ new AI assistant offers a multitude of benefits for parents. The system can automatically detect situations where adult supervision is lacking in a classroom, triggering immediate alerts for teachers. Additionally, the AI can monitor cleaning schedules, ensuring a hygienic environment for all students. Parents will have access to real-time data on their child’s activities, including meals consumed, nap times, and bathroom breaks.

“At Footprints, we’ve always been driven by a deep commitment to leveraging technology to enhance the early learning experience for children,” says Raj Singhal, Co-founder and CEO of Footprints Childcare. “Our new AI assistant represents a major step forward in this mission. By automating critical tasks and providing real-time insights, we can ensure our students’ highest standards of safety and well-being while fostering greater peace of mind for parents.”

Footprints’ integration of AI technology underscores the brand’s commitment to continuous innovation within the early childhood education sector. With artificial intelligence, Footprints is setting a new benchmark for quality care that guarantees the best possible care for kids while encouraging greater transparency and confidence among parents.

Footprints Childcare’s AI solution addresses a critical need in childcare centers: ensuring the constant presence and supervision of adults. The system meticulously analyzes real-time video feeds, identifying rooms where an adult might be absent for even a short duration. This not only enhances safety but also acts as a deterrent to potential behavioral issues among children.

Cleanmax and Apple Partner to Accelerate Renewable Energy Adoption in India

Chennai, 19th April 2024 CleanMax (Clean Max Enviro Energy Solutions), a leading renewable energy provider in Asia for the Commercial and Industrial (C&I) sector, is thrilled to announce a landmark joint venture with Apple. This pioneering partnership aims to bolster renewable energy projects across India, marking a significant step forward in the nation’s green energy landscape.

As part of the partnership, Clean Max has successfully installed 14.4 MW of rooftop solar installations across six industrial sites in India. These installations are expected to mitigate around 207,000 tons of CO2 emissions throughout their operational life, underscoring Apple’s commitment to environmental sustainability.

By facilitating access to crucial renewable energy financing, the partnership is enabling industries to transition towards renewable energy sources and optimize their energy expenses. The initiative aims to accelerate the development of renewable energy projects across the country.

The collaboration is grounded in an innovative business model, where the environmental benefits accruing from the financed projects will assist Apple in addressing the emissions associated with its corporate operations in India.

In a post on the Apple newsroom, “To address its growing corporate operations in India, Apple has embarked on a joint venture with leading renewable developer CleanMax to invest in a portfolio of six rooftop solar projects with a total size of 14.4 megawatts. The added capacity provides a local solution to power Apple’s offices, its two retail stores in the country, and other operations in India. Apple first achieved 100 percent renewable energy for its global corporate operations in 2018.”

Apple also shared its commitment to its 2030 climate goal. “Clean energy and water are foundational to healthy communities and essential building blocks for a responsible business,” said Lisa Jackson, Apple’s Vice President of Environment, Policy, and Social Initiatives. “We’re racing toward our ambitious Apple 2030 climate goal while taking on the long-term work to transform electrical grids and restore watersheds to build a cleaner future for all.”

Kuldeep Jain, Managing Director of CleanMax, shared his excitement about the venture: “CleanMax is proud of its joint venture with Apple. Our mission is to be sustainability partner to corporates, and we consider this JV to be a big milestone in our journey. It showcases an industry-leading approach to the creation of green energy assets. The growing interest from other consumer brands in such joint ventures is a positive sign of the shift towards sustainability.”

As the country accelerates its transition towards a carbon-neutral future, corporations are at the forefront of contributing to India’s renewable energy targets while realizing cost savings and enhanced energy security. In this landmark shift towards sustainable business practices, Indian corporations are spearheading this paradigm shift.

Over the years, CleanMax has emerged as a key player in aiding corporations across Asia in achieving their sustainability objectives. With a robust portfolio of 2GW of operating renewable assets and a clientele exceeding 750 spanning various industries, CleanMax has demonstrated its commitment to facilitating the transition towards a more sustainable energy landscape. Through strategic partnerships and innovative solutions, CleanMax empowers businesses to reduce their environmental footprint and embrace carbon mitigation & renewable solutions as a catalyst for long-term sustainability and economic growth.

The collaboration between Apple and CleanMax symbolizes the importance of cross-sector partnerships aimed at addressing critical environmental challenges. It serves as a powerful example of how combined efforts can lead to innovative solutions that promote economic growth while prioritizing sustainability and carbon neutrality.

Pioneering Success: JIIF’s Incubation Cohort Programs Propel India’s Startup Revolution

India, 19th April 2024: JITO Incubation and Innovation Foundation (JIIF), one of India’s leading Incubator and Angel Networks, announces the launch of JITO Incubation Centre (JIC) Cohort 10. Following the success of Cohorts 8 and 9, applications for the Cohort 10 Incubation Program have commenced, with a submission deadline of April 30th, 2024. This program will be sector-agnostic.

JITO Incubation Centre, India’s premier incubator, is transforming the startup landscape with its impactful cohorts. Since its inception in 2017, the center has focused on nurturing new-age founders and continues to gain recognition for its successful cohort-based programs, consistently attracting numerous applicants for upcoming initiatives.

In a historic first, the center organized Cohort 8, a Women-Specific Incubation Program in September 2023, receiving 50 applications from across India. 25 women founders participated in a four-day bootcamp, culminating in the selection of three standout startups: Froodelite (D2C) offering caffeine-free fruit tea with unique rooibos-based flavor combinations; The Critical Thinking School (EdTech), India’s first career counseling platform without reliance on tests to guide a child’s career path; and Vigor E-Bike (Automobile), Rajasthan’s first E-Moto Bike startup developed by top IT-Tech and Automotive industry professionals for today’s youth.

Building on the success of Cohort 8, JITO launched Cohort 9 Incubation Program in February 2024, targeting young founders who are eager to build their startups. The program received over 60 applications from diverse sectors including D2C, SAAS, EV, Chemtech, and Deeptech, showcasing an exceptional drive to innovate and create a global impact. Among the top-notched applicants selected for the exclusive program were EvoraGreens (D2C), which is transforming the coffee experience with functional brews that offer delightful flavors and health benefits, and Jaipour Coffee (D2C), which provides exceptional coffee that evokes a sense of home with every exquisite brew.

The program also welcomed The Elefant (EdTech), India’s first toy rental mobile app revolutionizing play, and Loadsor (Logistics), a platform that connects stakeholders in the supply chain and provides visibility and insights into every operation. Additionally, SpaceAgeFood (D2C) is crafting healthy on-the-go snacks using advanced shelf-stable technology, and OrderAxe (Info & Comm) offers sophisticated cloud-based OMS and ERP solutions tailored for manufacturing, distribution, and retail businesses.

Rajat Mehta, Chairman of JITO Incubation and Innovation Foundation (JIIF), expressed pride about the achievements and said, “I’m thrilled with the success of our initiatives like Cohort 8 and 9, as they promote innovation and entrepreneurial excellence in alignment with the ‘Make in India’ initiative. We foresee that Cohort 10 will give a boost to our reputation, expand our network, facilitate knowledge exchange, spur ecosystem growth, and ensure continuous support for budding ventures.”

Vikash Kawar, Vice-Chairman, JITO Incubation Centre (JIC), said, “I’ve had the pleasure of witnessing the potential of India’s entrepreneurial ecosystem through our diverse range of supported startups. We’re proud to contribute to PM Modi’s dream of a ‘Viksit Bharat,’ and I believe our efforts will continue to attract investments and enhance the digital innovation in India.”

The incubation program spans 12 weeks and offers a wealth of benefits, including incubation and co-working facilities, technology and business mentoring, marketing, networking, and outreach. Participants gain access to national and international events for global exposure and collaboration with government grants and schemes.