Archives May 2026

business

Best Cure Foundation and Kitsault Energy Announce Two Press Conferences in India Highlighting Energy, Healthcare, and Lifestyle Solutions

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Business Wire India

Best Cure Foundation (BCF) and Kitsault Energy (KE), led by President/Founder Dr. Krishnan Suthanthiran, will host two press conferences this month in India, presenting comprehensive solutions addressing the nation’s energy, environmental, healthcare, and lifestyle challenges.

 

The first press conference will be Tuesday, May 19, 2026, at the New Delhi National Press Club in New Delhi, India. The second will be Monday, May 25, 2026, at Zone by Park Hotel in Coimbatore, India.

 

 

Both conferences will begin with registration and coffee/tea/snacks at 11 AM (IST). Dr. Suthanthiran will give a detailed presentation from 11:30 AM to 2 PM covering:

 

 

  • Solutions presented to the Indian Government (2013–2026) addressing energy and environmental challenges, including KE and the Kitsault Port & Terminal project on the northwest coast of BC, Canada. KE plans to utilize its dedicated export port and terminal at Observatory Inlet, 25 kilometers south of Kitsault, to facilitate the transport of Canadian energy and commodities to Asian markets.
  • Best Cure Pro Health & Medical Centers by the Global Best Cure Foundation, India, focusing on diagnosis and treatment of cancer, cardiac conditions, and diabetes.
  • Best Lifestyles initiatives aimed at naturally addressing the above diseases.

 

Following the presentation, lunch will be served at both conferences from 2-4 PM.

 

These press conferences will provide members of the media, policymakers, and stakeholders with insights into integrated approaches that combine sustainable energy development, advanced healthcare delivery, and preventive lifestyle strategies.

 

 

About KE

 

 

The KE project, a proposed large-scale energy infrastructure initiative 13 years in the making, aims to meet India’s growing energy demand while advancing long-term environmental and economic objectives. The Kitsault team is actively meeting with interested parties open to partnering to help realize this shared vision by linking Port Churchill in north Manitoba to Kitsault Port on the west coast of Canada.

 

 

The project is centered on the development of dual pipeline systems to transport a range of resources—natural gas, crude oil, propane, butane, potash, uranium, and agricultural commodities—from Canada to India via Kitsault. The integrated infrastructure model is intended to address and provide solutions for some of India’s energy demands and environmental challenges.

 

 

 

 

 

business

Flick Raises $6M Seed Round to Redefine How AI Films Are Created

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Business Wire India

Flick (flick.art), an AI-native filmmaking platform founded by award-winning filmmaker Zoey Zhang and founding Instagram engineer Ray Wang, today announced it has raised $6 million in a seed round from True Ventures, GV (Google Ventures), Y Combinator, Lightspeed, Formosa Capital, Pioneer Fund, Olive Tree Capital, and N1 in addition to angel investors.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260514408256/en/

 

 

Flick was built around a simple belief: AI should enhance filmmaking, not replace it. Instead of another one-click video generator, Flick gives filmmakers cinematic control through an AI-native creative workflow designed for storytelling, iteration, and artistic direction.

 

 

Flick will use the seed funding to accelerate product development, expand its core creative tooling for cinematic control, and grow the company’s community of filmmakers. The team is also launching Flick Filmmaker Residency, debuting with 10+ short AI-native films created by emerging filmmakers and showcased at Cinequest Film Festival, MIT, and Omni AI film festival. Each cohort is led by Co-founder Zhang, providing filmmakers with access to industry resources, mentorship, and meaningful connections throughout the creative process. Through this program, Flick empowers talented filmmakers, and ultimately helps cultivate the next Kubrick in the age of AI.

 

 

Prior to starting Flick, Wang helped build the first version of Instagram Stories in 2016, scaling the product to over 400 million daily active users. Co-founder Zhang began making films in 2013 through traditional filmmaking before exploring AI filmmaking in 2022. In February 2025, she participated in MIT AI Film Hack, where she created her first AI short film and won Best Visual Award. Since then, her AI films have been nominated and awarded at more than 30 international film festivals.

 

 

When Wang collaborated on Zhang’s second AI film in April 2025, the two quickly found themselves discussing how to combine large-scale product engineering with deep creative domain expertise to reimagine how filmmakers create. As the two experimented with existing AI video tools and custom pipelines, they frequently encountered the same limitations: most tools were either too technical for creators or too constrained to support real directing.

 

 

“At Flick, creators don’t lose their authentic voice as AI scales,” Zhang said. “We’re building a bridge so filmmakers won’t think about ‘prompting models’ at all — they’ll just direct, compose, and feel, and the tools will disappear into their creative flow.”

 

 

“Ray and Zoey represent the perfect combination of world-class technical execution and deep creative understanding. They’re not just building AI tools – they’re empowering a new generation of filmmakers to focus on what matters most: storytelling and artistic expression. Their craft-first approach and genuine commitment to the creative community makes them the ideal team to define this emerging category of AI-native filmmaking.” – Mike Montano, Partner at True Venture.

 

 

“The majority of generative video is unrefined, prioritizing volume over substance. Flick is part of an entirely new category, built for the serious filmmakers who want to use AI, not as a shortcut, but as a tool to enhance their creativity. The next Tarantino, the next Spielberg, the next Scorsese – I believe they’re going to get their start on a platform like Flick.” – Sangeen Zeb, General Partner at GV.

 

 

About Flick

 

 

Founded by Zoey Zhang and Ray Wang, Flick is an AI-native filmmaking platform built for creators who care about aesthetics, control, and creative flexibility. The product enables filmmakers to direct AI-generated films through non-linear workflows, cinematic controls, and iterative creative tools — bridging powerful generative models with real-world filmmaking. Flick also operates Flick Filmmaker Residency, an initiative to cultivate the next generation of AI-native filmmakers.

 

 

 

 

 

business

Abhay Thhakkar-Led Transformative NLP Training International Announces Upcoming NLP Courses in Mumbai

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Business Wire India

Transformative NLP Training International, led by internationally certified NLP Trainer Abhay Thhakkar, has announced its upcoming NLP Courses in Mumbai for individuals seeking emotional well-being, communication mastery, professional growth, and deeper personal transformation.

Since 2008, Abhay Thhakkar has emerged as a trusted name in India’s NLP and New Code NLP training space. Recognised as India’s one of the leading NLP and New Code NLP Trainer certified by an NLP co-founder, he brings a rare training lineage shaped by personal mentorship from Dr. John Grinder, Frank Pucelik, and Christina Hall. His work combines NLP, New Code NLP, life coaching, healing-based learning, and practical transformation tools for corporate professionals and growth-focused learners.

A Direct Learning Experience with Abhay Thhakkar

The 10-day immersive program offers participants the opportunity to learn Neuro Linguistic Programming directly from Abhay Thhakkar in a live, practice-led environment. The course includes over 95 hours of experiential learning and is conducted in small groups of 6–9 people to ensure personalised attention, feedback, and guided application.

Speaking about the program, Abhay Thhakkar said, “NLP is not just a training methodology; it is a practical life skill. My intention is to help participants experience meaningful inner change while learning tools they can apply in their personal, professional, and coaching journeys.”

Program Highlights

The upcoming NLP Courses Mumbai are designed for learners who want depth, credibility, and practical application rather than a short-format classroom experience.

Key highlights include:

  • 10-day live immersive training
  • 95+ hours of experiential learning
  • Small-group format for personalised attention
  • 23+ NLP and New Code NLP techniques
  • Certificate signed by an NLP co-founder
  • Lifetime post-program support and practice sessions

Built for India’s Growth-Focused Professionals

The course is suitable for corporate professionals, HR leaders, entrepreneurs, educators, psychologists, doctors, wellness practitioners, coaches, trainers, performers, and individuals seeking personal growth.

Through NLP training in Mumbai, participants learn techniques such as rapport building, reframing, anchoring, verbal influence, perceptual positions, unconscious signals, New Code NLP games, and peak performance state access. The training also supports emotional healing, mindful communication, stress management, and professional confidence.

For those searching for internationally certified NLP training, the program offers a structured pathway to becoming an NLP Practitioner, New Code NLP Practitioner, NLP Coach, or Life Coach under Abhay Thhakkar’s direct facilitation.

business

M-Air Welcomes Founding and New Members to Accelerate Development of Low-Altitude Economy

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M-air, an initiative launched by Mcity at the University of Michigan, welcomed nine new members to the public-private mobility research partnership to accelerate the development of the low-altitude economy, which is focused on emerging commercial activities such as drone delivery, urban air mobility and agricultural services operating in the airspace below 3,000 feet.

The organizations were drawn to Mcity’s established leadership, facilities and expertise in AV research and testing, and M-air’s growing expertise in air mobility and UAS. Of the new members, ResilienX is an M-air founding member and brings significant open data integration capabilities needed to make M-air’s vision a reality.

“This new group of companies, government agencies and nonprofit organizations are investing a combination of cash and in-kind services to join Mcity to advance the state-of-the-art for autonomous vehicles and drones,” said Mcity Managing Director Greg McGuire. “Mcity has morphed into a bigger ‘makerspace for mobility.’ We have dozens of faculty and hundreds of students working on advanced mobility, which now includes M-air and its low-altitude airspace between Ann Arbor and Detroit.” 

This expansion is also part of the State of Michigan’s broader Advanced Air Mobility Initiative, which includes key programs such as MICH-AIR in Battle Creek, and the Advanced Aerial Innovation Region (AAIR) based at Michigan Central in Detroit.

At the same time, a new memorandum of agreement between M-air and Bloomington, Indiana-based Applied Research Institute will tap into M-air’s capabilities to advance applied UAS research, strengthen industry collaboration, and support the responsible growth of the low-altitude economy. Through the agreement, ARI and M-air will work together to connect regional assets, technical expertise, and industry partners around emerging opportunities in unmanned and autonomous systems. Indiana startup Pierce Aerospace has also joined M-air, bringing industry-leading expertise in remote identification across the ecosystem.

Agreement with ARI expands Mcity’s reach

M-air is working to advance the responsible use of UAS, as well as the associated physical and digital infrastructure needed to safely operate these systems and integrate them into the national airspace. 

The new MOA positions M-air as an additional academic and applied research partner for ARI as the organizations work to accelerate FAA-aligned UAS innovation. M-air is expected to bolster ARI’s applied research activities, support partner institutions, and help advance technical work related to safe, scalable, and responsible integration of unmanned systems into the National Airspace System.

“Our strategic alliance with Indiana’s UAS capabilities catalyzes M-air’s leadership, transforming bold research into validated real-world applications that serve as the backbone for the emerging low altitude economy,” said Venkat Viswanathan, director of M-air and associate professor of Aerospace Engineering at U-M. “Our partnership creates a multi-state ecosystem for pioneering autonomous drone solutions across medical, agricultural, and industrial sectors.”

MOA adds to ARI’s capabilities

As outlined in the MOA, ARI will work with M-air to strengthen applied UAS research capabilities, expand secure data collection and analytics, and support FAA-aligned challenge areas such as electric vertical takeoff and landing aircraft certification, low-altitude operational environment predictability, safety, and efficiency. The collaboration will help create new opportunities for industry, academia, and public-sector partners working to advance unmanned and autonomous systems across the region.

“ARI is focused on strengthening the Midwest’s role in advancing emerging technology ecosystems that support national and economic security,” said ARI CEO Andrew Kossack. “This MOA reflects the kind of regional collaboration needed to ensure next-generation unmanned and autonomous systems are built, tested, and scaled here in the heartland, across real-world environments. We’re excited to work alongside M-air as the connective tissue supporting a stronger drone ecosystem across the Midwest.”

M-air is the latest mobility initiative at the university, which has deep expertise in ground and air mobility. M-air, as part of Mcity, is part of the U-M Transportation Research Institute and the U-M College of Engineering. Other mobility-related engineering programs include the Center for Connected and Automated Transportation, a regional university transportation center funded by the U.S. Department of Transportation; the U-M Electric Vehicle Center; and the U-M Robotics Department. 

business

PIF Named as Official Tournament Supporter of FIFA World Cup 2026™

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Business Wire India

  • PIF strengthens partnership with FIFA at FIFA World Cup 2026™ as Official Tournament Supporter, incorporating PIF companies, Savvy Games Group and Qiddiya City
  • Announcement builds on successful FIFA Club World Cup 2025™ partnership and reflects PIF’s and FIFA’s shared commitment to driving growth and engagement in football
  • Partnership reinforces PIF’s ongoing commitment to sport as priority sector

 

PIF and FIFA has announced PIF as an Official Tournament Supporter in North America and Asia of the FIFA World Cup 2026™. The partnership reflects a shared commitment to expanding the growth of football at every level, from the grassroots to elite competition, as well as enabling greater participation in sport by unlocking new opportunities.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260514974404/en/

 

 

14 May, 2026: Front row (L-R), Romy Gai, Chief Business Officer, FIFA and Kevin Foster, Managing Director and Head of Corporate Affairs, PIF, back row (L-R), H.R.H Prince Faisal Bin Bandar Bin Sultan Al Saud, Vice Chairman, Savvy Games Group, Gianni Infantino, President, FIFA, H.E. Yasir Othman Al-Rumayyan, Governor, PIF and Muhannad AlDawood, Chief Strategy Officer, Qiddiya Investment Company witnessed the signing of the partnership of PIF as Official Tournament Supporter of FIFA World Cup 2026™, incorporating PIF companies, Savvy Games Group and Qiddiya City (Photo by PIF)

14 May, 2026: Front row (L-R), Romy Gai, Chief Business Officer, FIFA and Kevin Foster, Managing Director and Head of Corporate Affairs, PIF, back row (L-R), H.R.H Prince Faisal Bin Bandar Bin Sultan Al Saud, Vice Chairman, Savvy Games Group, Gianni Infantino, President, FIFA, H.E. Yasir Othman Al-Rumayyan, Governor, PIF and Muhannad AlDawood, Chief Strategy Officer, Qiddiya Investment Company witnessed the signing of the partnership of PIF as Official Tournament Supporter of FIFA World Cup 2026™, incorporating PIF companies, Savvy Games Group and Qiddiya City (Photo by PIF)

 

The PIF partnership incorporates PIF companies; Savvy Games Group, Saudi Arabia’s national and global champion for games and esports; and Qiddiya City, Saudi Arabia’s future capital of entertainment, sport and culture. Throughout the tournament, PIF and its companies will deliver unforgettable experiences and drive innovative fan engagement initiatives to connect with the football community on the world’s biggest stage.

 

This year’s FIFA World Cup™ will be the biggest edition in history, featuring 48 teams, being staged across three host countries and reaching fans on every continent to unite the world through football.

 

 

Romy Gai, Chief Business Officer at FIFA, said: “We are delighted to have PIF as a Tournament Supporter of this year’s game-changing FIFA World Cup. Together, we look forward to delivering a historic tournament that inspires and unites fans from around the world.

 

 

The partnership with PIF will help grow our sport across the globe through unlocking new opportunities, fostering innovation and engaging youth, ensuring that millions of young people have the chance to play football and enjoy its many benefits.”

 

 

Mohamed AlSayyad, Head of Corporate Brand at PIF, said: “PIF continues to expand its global footprint in sport, with football at the heart of this growth. This partnership builds on our existing FIFA relationship from last year’s FIFA Club World Cup – and our work with Concacaf – to deliver a positive and lasting impact.

 

 

“PIF continues to accelerate the growth of football globally by expanding access to the game and creating opportunities that benefit players, fans and the wider football ecosystem.”

 

 

Football plays a crucial role in the ongoing transformation of Saudi Arabia, and being the host of the FIFA World Cup 2034™ reinforces the country’s ambition to grow the game globally, create new opportunities for all and extend its benefits in Saudi Arabia and every part of the world for generations to come.

 

 

The partnership aims to foster FIFA knowledge transfer and capacity-building for Saudi youth in order to further elevate and actively shape the long-term future of the sport.

 

 

This is in line with PIF’s ongoing commitment to the sports sector, which lies within the tourism, leisure and entertainment ecosystem in PIF’s recently announced 2026-2030 strategy.

 

 

FIFA’s mission is to grow and develop football in each of its 211 Member Associations. The partnership with PIF will support FIFA’s continued delivery of a variety of initiatives, including grassroots programmes; youth, women’s football and education initiatives and projects that enhance infrastructure and uplift technical expertise across the globe.

 

 

 

 

 

technology

HCLTech collaborates with Red Hat to deliver enterprise-grade AI infrastructure solutions

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Collaboration additive to HCLTech’s AI Factory ecosystem

NEW YORK and NOIDA, India, May 15 — HCLTech, a leading global technology company, announced a strategic collaboration with Red Hat to deliver enterprise-grade AI infrastructure for organizations accelerating their AI adoption journeys. This collaboration strengthens HCLTech’s AI Factory solution ecosystem, which brings together global technology leaders to provide best-in-class AI Infrastructure solutions to its clients.

The HCLTech AI Factory with Red Hat, built on Red Hat AI Enterprise, provides an integrated foundation for running AI workloads consistently across on-premises, cloud and edge environments. The solutions are designed to improve infrastructure efficiency and reduce inference costs through model optimization, distributed serving and unified operations, while offering an enterprise-grade data foundation with governance and lineage to support reliable AI operations at scale.

“Enterprises are moving beyond experimentation to operationalizing AI across their core businesses,” said Rampal Singh, Senior Vice President and Global Business Head – Hybrid Cloud Business Unit at HCLTech. “The HCLTech AI Factory with Red Hat is designed to help organizations industrialize AI, bringing together the right foundational building blocks to translate AI investments into measurable business outcomes.”

“The launch of HCLTech AI Factory, powered by Red Hat AI Enterprise, is a significant milestone in bringing enterprise-grade AI to our customers,” said Ryan King, Vice President, AI and Infrastructure Partners at Red Hat. “By building on the trusted foundation of Red Hat AI Enterprise and our full portfolio of enterprise-grade, AI-optimized open source software, HCLTech is providing organizations with a unified, scalable platform to deploy and manage their critical AI workloads consistently, from the core data center to the edge. This collaboration helps enterprises industrialize AI, translating their investments into real business value.”

 

news

Azra and RevealDx Announce Partnership

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Seattle, WA – May 15, 2026 – Azra AI, the leading end-to-end enterprise platform for incidental findings and oncology workflow automation, and RevealDx, the leader in AI tools for the characterization of lung nodules, today announced a new partnership.  

This partnership builds upon Azra AI’s recent acquisition of Thynk health, which provides cancer screening and incidental findings management. Customers can now use one integrated solution to identify high-risk nodules, manage  these nodules through diagnosis, and seamlessly connect to oncology workflow automation.  

Recently cleared by the FDA, the RevealDx technology, marketed as RevealAI-Lung, characterizes incidental lung nodules  by producing a score called the Malignancy Similarity Index (mSI™). mSI is intended to help radiologists make more informed follow-up recommendations to assist in cancer diagnosis. The company has validated the software on over  1,500 patients from a variety of cohorts, and RevealAI-Lung is now reimbursable by Medicare using codes 0721T and  0722T. 

“This partnership strengthens our enterprise-wide intelligence platform,” said John Marshall, CEO of Azra AI. “The integration of the mSI score into the clinical workflow empowers providers to diagnose patients earlier while increasing clinical efficiency. We are excited to deliver this new technology to our customers because not only are we detecting  lung cancer earlier with RevealDX, but once identified Azra’s oncology platform will then coordinate the patient’s care all  the way through survivorship.”

“When vendors partner, patients and providers can benefit, and that is certainly the case here,” said Chris Wood, CEO  of RevealDx. “We are proud of the fact that Azra AI chose to integrate mSI into their clinical workflows, and introduce  RevealAI-Lung to their installed base. Just producing a malignancy risk score is not sufficient. It needs to be integrated  into platforms built for the full continuum, which is exactly what Azra AI provides.” 

news

ITS America Conference & Expo 2026 Unveils Plenary Speaker Lineup

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DETROIT, Mich. (May 14, 2026) — The ITS America Conference & Expo 2026, organized in partnership by RX Global and ITS America (ITSA), unveils its highly anticipated plenary speaker lineup. Taking place June 9-12 at Huntington Place in Detroit, Michigan, the event will feature two plenary sessions as the conference’s centerpieces, bringing together national transportation leaders to celebrate 35 years of ITS America and chart the course for the next generation of mobility.

“Each plenary session is thoughtfully designed to spark dialogue and inspire action,” said Laura Chace, President and CEO of the Intelligent Transportation Society of America. “Attendees will gain a rich perspective on the technologies that have transformed transportation over the past 35 years and the bold, forward-looking strategies needed to empower innovation and build a safer, smarter, and more connected future.”

The plenary sessions will provide critical insights from national transportation leaders on the key issues shaping the future of mobility:

Wednesday, June 10: Transforming Transportation: 35 Years of ITS – Connecting the Past and Future (8:30 a.m. to 10 a.m., Ballroom A): This milestone session marks 35 years of progress in intelligent transportation, bringing together public and private sector leaders to reflect on the industry’s evolution and spotlight the technologies driving the next chapter of safe, connected mobility. Speakers will examine how communities across the country have benefited from sustained investment in proven and emerging ITS technologies — and what it will take to scale those solutions even further.

Featured Keynote Speakers:

  • Sean McMaster, Administrator, FHWA, USDOT

  • Seval Oz, Sr. Advisor, Office of the Asst. Secretary for Research & Technology, USDOT

Session will include the following speakers:

  • Nathaniel Ford, CEO, Jacksonville Transportation Authority

  • Justine Johnson, Chief Mobility Officer, Michigan Economic Development Corporation

  • Peter Montgomery-Torrellas, President, Cubic Transportation Systems

  • Brad Wieferich, Director, Michigan Department of Transportation

  • Marc Williams, Executive Director, Texas Department of Transportation

  • Mike Witzman, Senior Director, Solutions Engineering, CISCO

Thursday, June 11: From Vision to Reality: Enabling the Next Generation of Transportation (8:30 a.m. to 10 a.m., Ballroom A): As the transportation sector faces mounting pressure to meet rising consumer expectations and secure long-term funding, this session, sponsored by Miovision, will equip attendees with actionable strategies for embracing digital transformation and building the partnerships essential to delivering tomorrow’s mobility solutions. Speakers will explore how transportation leaders can move from concept to implementation, turning bold ideas into measurable outcomes.

Session will feature the following speakers:

  • Laura Chace, President and CEO, ITS America

  • Tim Haile, Executive Director, Contra Costa Transportation Authority

  • Tracy Larkin-Thomason, Director, Nevada Department of Transportation

  • Kurtis McBride, CEO and Co-founder, Miovision

  • Mina Sartipi, Director, Center for Urban Informatics and Progress (CUIP), University of Tennessee at Chattanooga

  • Ron Thaniel, Senior Director of Policy and Regulatory Affairs, Zoox

  • Erik Varney, Senior Director, IoT Solutions & Ecosystem Partners, Verizon Business

“These plenary sessions sit at the center of our industry,” said Jaime McAuley, Event Vice President, ITS America Events, RX Global. “Attendees will leave Detroit with a stronger understanding of the foundations that shaped the sector, along with the practical tools and connections needed to drive the next generation of transportation innovation.”

The ITS America Conference & Expo 2026, themed “Empowering Innovation,” is a premier event for decision-makers and innovators advancing mobility solutions. This year’s conference will bring together hundreds of speakers and over 170 exhibitors sharing the latest transportation innovations, giving attendees the opportunity to engage with industry leaders, explore cutting-edge technologies, and experience the future of intelligent transportation firsthand in Detroit, Michigan.

For more information or to register, please visit ITSAmericaEvents.com.

business

Indian Bank Wins Golden Peacock Award for Excellence in Artificial Intelligence – 2026

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Chennai, May 14, 2026: Indian Bank has been conferred with the prestigious Golden Peacock Award for Excellence in Artificial Intelligence – 2026, recognising the Bank’s leadership in leveraging AI-driven innovations to transform banking services and enhance customer experience.

Indian Bank Wins Golden Peacock Award for Excellence in Artificial Intelligence – 2026

 

The award was formally presented at the Golden Peacock Awards Presentation Ceremony on Thursday, May 14, 2026, at The Ashok Hotel, New Delhi, during IOD’s National Convention on Business Excellence & Leadership. Ms. Mini T. M, Executive Director along with Smt. Vallery Rath, Chief General Manager and Mr. Venkat Yellapantula, Chief Digital Officer received the award on behalf of the Indian Bank.

The award was adjudged by a distinguished jury of renowned judges chaired by Hon’ble Justice Uday U. Lalit, former Chief Justice of India along with other prominent leaders from the judiciary, government, and corporate sector. Indian Bank stood out as the top scorer in the Financial Sector (Banking) category of the Artificial Intelligence Award. This recognition reaffirms Indian Bank’s commitment towards innovation, customer-centric excellence, and building a future-ready banking ecosystem powered by intelligence, efficiency, and trust.

   
business

Cellecor Reports INR 1,292 Cr Revenue and 28% Profit Growth in FY25-26, Driven by Retail Expansion and Product Diversification

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New Delhi, May 14, 2026: Cellecor Gadgets Limited, one of India’s fastest-growing consumer electronics and smart appliances brands, today announced strong financial results for the financial year ended March 31, 2026, driven by rising consumer demand, category expansion, retail growth, and a strengthening nationwide presence.

Relase_Cellecor Reports INR 1,292 Cr Revenue and 28% Profit Growth in FY25-26, Driven by Retail Expansion and Product Diversification

 

The company recorded:
  • Net Sales of ₹1,292 crore, reflecting a 26% YoY increase compared to ₹1,026 crore in FY24–25
  • PAT of ₹39.61 crore, registering a 28% YoY growth compared to ₹30.9 crore in the previous financial year
  • EBITDA of ₹71.54 crore, up 32% YoY from ₹54.29 crore in FY24–25
     
The strong performance reflects Cellecor’s continued momentum across consumer electronics, smart gadgets, home appliances, and kitchen appliances categories, supported by product innovation, expanding retail reach, and growing adoption across Tier II and Tier III markets.
 
Business Highlights – FY25–26
  • Continued expansion across smart appliances, smart TVs, audio devices, wearables, and kitchen appliances categories
  • Expanded strategic retail partnerships with leading organised retail chains including Poorvika Mobiles, Sangeetha Mobiles, LOT Mobiles, Big C Mobiles, among others
  • Expanded exclusive retail footprint to 8 brand stores across key markets
  • Accelerated digital commerce and quick-commerce expansion across platforms including Amazon, Flipkart, Zepto, Blinkit, and ONDC
  • Strengthened supply chain and operational infrastructure 
  • Continued focus on Make in India-aligned manufacturing partnerships
     
Ravi Agarwal, Co-Founder & Managing Director, Cellecor Gadgets Limited, said, “Our performance in FY25–26 reflects the growing trust consumers place in the Cellecor brand and the strength of our diversified product ecosystem. Our focus remains on making smart technology and appliances more accessible and affordable for Indian consumers. With stronger retail expansion, product innovation, operational improvements, and deeper market penetration, we believe Cellecor is well-positioned for sustained long-term growth.”
 
Cellecor enters FY26–27 with a strong growth outlook backed by an expanding product portfolio, deeper retail penetration, and a growing digital commerce presence across India. During FY25–26, the company strengthened its nationwide footprint with 1,800+ distributors, 100,000+ retail touchpoints, and 2,000+ service centres, alongside the launch of its Jio-powered QLED Smart TV range.
 
Backed by a strong product ecosystem, expanding retail footprint, and growing consumer trust, Cellecor remains committed to the ‘Make in India’ vision while strengthening its position as a leading consumer electronics and smart appliances brand in India.