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Kolkata, 6th March, 2024: Techno India Group Academia – South Kolkata won the 2nd prize at the prestigious World Science Congress Poster Making Competition held at Jadavpur University on 1st & 2nd March, 2024.

The competition, which witnessed enthusiastic participation from numerous schools, showcased exceptional talent and creativity from young minds passionate about science and innovation. The same was mentored by Subhro Saha, assistant teacher at Techno India Group Academia. Techno India Group Academia’s team comprising Shuvankari Biswas, Tiyasha Guha, Sohini Dey and Subhasree Roy from Class XI, demonstrated exemplary skills and dedication, earning them the well-deserved 2nd position.

The event witnessed fierce competition from various renowned institutions including A.K. Ghosh Memorial School, who secured the 1st position, and Silver Point High School, clinching the 3rd position. Other notable participants included Shri Shikshayatan School, Jodhpur Park Boys School, and Maha Devi Birla, among 24 other esteemed schools.

“Securing the 2nd Prize at the World Science Congress Poster Making Competition is a tremendous honor for Techno India Group Academia – South Kolkata. This accomplishment underscores our dedication to promoting innovation and academic excellence. We take great pride in the dedication and creativity of our students and faculty, whose efforts have led to this recognition for our institution. This success not only showcases our strength in scientific pursuits but also highlights our ongoing commitment to delivering outstanding education,” said Prof. Manoshi Roychowdhury, Co-Chairperson, Techno India Group.

Techno India Group Academia – South Kolkata committed to nurturing young talents and fostering a culture of innovation and scientific inquiry among its students.

Bengaluru, 6th March, 2024: Cosmo Sunshield, to be launched business vertical of Cosmo First, specializing in premium window films, announces participation in the iDAC Expo from 7th-9th March 2024, at the Jio World Convention Centre in Mumbai. Cosmo Sunshield will display its wide range of premium window films in Stall no A01 at iDAC Expo.

The company will be manufacturing various types of window films for automotive and architectural films including safety films, with plans to further expand by including additional categories. iDAC serves as a platform for Cosmo Sunshield to meet a new set of customers, distributors, and industry peers from the infra, development, architecture, construction & automotive sectors to meet their demands and share the company’s sustainable offerings.

Sharing his views about the participation, Sanjay Chincholikar, Business Head, Cosmo Sunshield says, “iDAC is an exciting opportunity to introduce our premium window film products to new audiences in the western region. As iDAC is known for bringing innovative solutions in the building material Industry, Cosmo Sunshield brings to this forum its innovative window films. We will be displaying our sun protection and safety varieties to visitors including architects, designers, building consultants, etc. Our sun protection window films offer benefits like reducing air conditioning energy consumption by up to 10%, rejecting over 99% of UV rays, reducing glare, and providing up to 95% privacy. The safety films protect against glass shatter.”

These window films will be available in transparent and several eye-catching colours, can be glued to the glass windows/facade to help in thermal/heat reduction thereby reducing electricity bills and enabling resilience & safety. Further, they also provide UV and infrared ray rejection as well as aesthetics to the interiors and exteriors of a building. Over the past few decades, Cosmo First has emerged as a preferred partner for global brands with a strong emphasis on innovation, quality, and sustainability. On similar lines, Cosmo Sunshield is driving sustainability forward with its unique energy-saving window films, contributing to a greener and more environmentally responsible future.

Mumbai, 6th March, 2024 – Leading education software company, Educational Initiatives (Ei) recently announced that HCL Group has made an investment of INR 166 crore to acquire a minority stake in the Company.

Founded in 2001, Ei is a leading B2B education software company that provides schools with research-backed assessments and personalised adaptive learning solutions to help improve learning outcomes at scale. Ei has more than 1 million paid users for its two offerings: Assessments (Ei ASSET and Ei CARES) and Personalised Adaptive Learning (Ei Mindspark) and is present in India, UAE, South Africa, and Singapore.

“We have demonstrated our ability to improve learning outcomes and empower school teachers to achieve their intent of every child learning well regardless of their parent income. I’m excited to welcome HCL Group as investors who share our vision of leveraging the best of pedagogy & technology to improve learning outcomes for millions of students in India and around the world”, said Pranav Kothari, CEO, Ei.

Shikhar Malhotra, Director, HCL Group said, “We’re thrilled to invest in Ei; it is a great organization with technological prowess and a commitment to effecting positive societal change. The organization offers a distinctive blend of scalable technology, impactful social initiatives, and sustainable growth.”

Remarking on the investment, Gopal Jain, Managing Partner at Gaja Capital said, “Ei is a rare example of resilience, high growth, pedagogy and technology coming together in their vision of solving one of the biggest problems of our age – helping every child learn with understanding. ”

Ei stands at the forefront of education with 23 years of pedagogical research, analyzing 5 billion data points to understand student learning patterns. Leveraging cutting-edge research and technology, Ei has developed a suite of assessment and adaptive learning products for both students and teachers. These innovative tools have shown significant enhancements in learning outcomes across subjects.

Ei has a market leading presence in India and the UAE. The company is now looking to expand in South Africa, Kenya, Ghana and Saudi Arabia and is exploring business partnerships in these markets with companies that align with Ei’s mission. The company has also developed offerings like Ei ASSET Arabic to suit the local needs of these countries. Ei is looking to acquire Edtech product companies focused on improving learning outcomes in their respective regions.

Its adaptive learning product, Ei Mindspark, has undergone three independent third-party evaluations by researchers at J-PAL, IDInsight, Harvard and Oxford and is proven to deliver 300% to 700% improvements in learning outcomes compared to the respective control groups in these studies. The B2B Edtech company uses advanced analytics to identify learning gaps and has integrated generative AI into its products to improve students’ reading, writing and speaking experience. It is also investing in discovering how technologies like machine learning and natural language processing (NLP) can aid in student learning. Ei’s newest assessment product, Ei ASSET Computational Thinking and Ei Mindspark Computational Thinking help prepare students for critical 21st century skills. Ei continues to build content specifically for tackling Foundational Literacy & Numeracy (FLN) as part of India’s national mission to ensure children can read and do basic math in younger grades. As part of NEP, Ei has been a technical partner to strengthen assessments at CBSE, Andhra Pradesh, Tamil Nadu, Tripura, Rajasthan, Madhya Pradesh and Nagaland.

Educational Initiatives’ (Ei) products have garnered global recognition as among the most innovative and impactful in the field, with accolades from prestigious entities like UNESCO, the World Bank, Brookings Institute, and numerous leading publications, all highlighting EI’s cutting-edge technological contributions to education

[Barcelona, Spain, March 05, 2024] During the MWC Barcelona 2024, Huawei successfully hosted the Huawei Industrial Digital and Intelligent Transformation Summit under the theme of “Leading Digital and Intelligent Infrastructure, Accelerating Industrial Intelligence.” Huawei invited global customers, partners, and industry leaders to explore and share their innovations and practices in digital and intelligent transformation for industries and small- and medium-sized enterprises (SMEs). Besides, Huawei officially launched ten industrial digital and intelligent transformation solutions, and a series of new flagship products, to meet the needs of customers at different stages of industrial transformation.

Li Peng, Corporate Senior Vice President, President of ICT Sales & Service, Huawei, said, ” From the information age to the digitalization age, each transformation has brought huge possibilities. Now, we’re entering an intelligent world, and the best way to predict the future will be to create it. Huawei will double our efforts to offer more intelligent digital infrastructure products and solutions that accelerate the intelligent transformation of industries. We will work hard to be a reliable partner for others on this journey.”

Industrial Digitalization Is a Key Step for Embracing the Intelligent World

To embrace the intelligent world, Huawei believes that the industrial digitalization is a key step. Now, as industrial digitalization enters the deep-water zone, Leo Chen, President of Enterprise Sales, Huawei, pointed out that, we must manage data “computing, transmission, and storage” power in a coordinated manner, integrate the data from different scenarios into one unified cloud data foundation, and reach more traditional industries and core businesses, so as to support many industry customers on their digitalization journey and embrace the intelligent world.

Leo Chen, said, ” ‘Phase transition’ is a term in physics that can be used to describe the revolutionary effect of digital and intelligent transformation — meaning it will not only bring a higher level of growth but also bring about an entirely new economic dynamic. By achieving greater efficiency and productivity, we can ultimately create a better life for every individual. We are fully committed to working with all parties to accelerate the digital transformation across all industries and embrace the intelligent world.”

Huawei officially launched ten industrial digital and intelligent transformation solutions and a series of new flagship products

Huawei cooperates with customers and partners to accumulate successful practices of digital transformation, and explores intelligent transformation. In 2023, Huawei introduced the intelligent transformation reference architecture to guide industrial customers in their digital and intelligent transformation.

Huawei focuses on ICT products and technologies, and builds an open ecosystem to aggregate partners and developers and build leading digital and intelligent infrastructure.

Huawei believes that differentiated solutions must be provided to meet customer requirements in different scenarios, helping customers achieve digital and intelligent transformation by phase.

For large-scale industrial customers with diversified services and complex scenarios, Huawei launched ten industrial digital and intelligent, including National Cloud Solution 2.0, Smart City, Smart Classroom 3.0, Medical Technology Digitalization, Digital CORE, Intelligent Factory, Smart Airport Fully Connected Fiber Network, Perimeter Security with Fiber Sensing, Smart Railway Perimeter Detection, ITS 2.0, Intelligent Power Distribution (IDS), Oil and Gas Pipeline Safety Management Solutions. In addition, Huawei released several product portfolios, including the Campus Digital Platform, Multilayer Ransomware Protection (MRP) 2.0, and Perimeter Protection Site.

Addressing the needs of small- and medium-sized customers with relatively simple business scenarios, Huawei leverages its leading practices in collaboration with partners to build open, lightweight, scenario-specific solutions featuring high cost-effectiveness, differentiated leadership, and serviceability. This initiative helps SMEs achieve their digital and intelligent transformation goals, with over 30 scenario-based solutions developed in collaboration with partners. For the extensive small and micro-sized customers with simple scenarios, Huawei launched the HUAWEI eKit brand in 2023. These products are designed with features including easy to buy, sell, install, maintain, learn and use. During the summit, HUAWEI eKit unveiled new products for SME offices, budget hotels, primary and secondary schools, commercial stores, clinics, community hospitals, real estate, and restaurants, etc.

In addition, Huawei remains committed to innovation and building leading ICT products to meet evolving customer needs. Huawei has launched new flagship products in data communications, optical network, data storage, and lightweight converged O&M.

David Shi, Vice President of ICT Marketing and Solution Sales, Huawei said, ” Huawei recognizes that each customer has its own specific needs and challenges. As digital and intelligent transformation continues to progress, Huawei is dedicated to developing scenario-based, cutting-edge, green, and low-carbon products and solutions to meet customer needs.”

Huawei Works with Partners to Create a Bright Future for the Intelligent World.

Sustainable and thriving ecosystems are essential for Industrial intelligent transformation. By the end of 2023, Huawei had more than 40,000 partners in the enterprise market worldwide, helping customers achieve business success.

Ernest Zhang, President, Global Partner, Commercial & Distribution, Enterprise Sales, Huawei, said: “Huawei will continue to work with partners, adhering to the principle of ‘shared benefits as the bridge, integrity as the foundation, and rules as the guarantee’. We will continuously optimize partner development policies, build healthy and win-win partnerships, and join hands for a shared era of success.”

National, March 6 2024: Lucknow-based Urja Sathi, a pioneering, one-stop sustainable energy-tech platform for buying and selling renewable energy solutions in India, has raised seed funding of INR 3.5 Million from visionary entrepreneurs-cum-investors Ankitt Jain and Sharlee Jain. The seed investment has been facilitated by Neeraj Kumar Pawar and Ayu Sharma, Co-Founders of Pror In Pvt Ltd. Notably, Urja Sathi’s founder had recently pitched his business idea at the PROR India Wealth Summit.

This marks Urja Sathi’s maiden fundraising round; prior to this, the startup had remained bootstrapped since its inception in 2023. Urja Sathi has introduced India’s first-of-its-kind, privately-owned online marketplace portal exclusively dedicated to renewable energy-based, environment-friendly products and services, with an emphasis on solar at the moment. The groundbreaking e-commerce portal, launched in January this year, aims to democratize access to various types of clean energy technologies for today’s end- users, making it simpler, seamless and highly sustainable for both individuals and businesses to embrace solar and other forms of sustainable energy at scale.

Speaking on the fundraise, Anurag Srivastava, Founder, Urja Sathi said, “We are excited to announce our first funding round, and would like to thank our esteemed investors Ankitt Jain and Sharlee Jain for putting their faith in us, and endorsing Urja Sathi’s mission and efforts. This investment marks a significant new chapter in Urja Sathi’s journey, and  fuels our long-term vision of bringing all buyers, sellers, and a diverse range of key ecosystem players of the clean energy segment in India under one roof via our platform, and eventually becoming the biggest, most efficient and credible marketplace in India catering to renewable energy. Through the Urja Sathi marketplace portal and upcoming app, we are committed to streamlining the adoption of solar and clean energy for both residential and commercial customers in India. This in turn shall be instrumental in elevating the entire industry to new heights and aiding India’s sustainability goals in terms of becoming global clean energy leader by the end of this decade and moving towards Net Zero by 2070”.

Urja Sathi would utilize the newly acquired seed capital to acquire talent, improving customer support, and to enhance marketing, branding and visibility amongst its potential B2B and B2C audiences.

Ankit Jain and Sharlee Jain, Co-Founders of Paper Arizona, and investors at Urja Sathi commented, “Harnessing renewables and solar for meeting our country’s energy needs and improving energy security have never been more important; and Urja Sathi, with its focus on marketplace, technology, and solar, is poised to positively transform and revolutionize the clean energy business in India. We were impressed by Anurag and his team’s vision and dedication to make sustainable and clean energy more accessible, profitable and efficient for everyone, and therefore decided to back Urja Sathi in fast- tracking their growth journey.”

Saurabh Jain, Co-Founder, FSV Capital, and advisor & mentor at Urja Sathi added, “In the present-day era defined by eco-consciousness and technological advancements, Urja Sathi is fostering the best of both ideals, and gaining rapid traction in India’s emerging yet highly potent solar business landscape. Their steadfast commitment towards sustainability and innovation is commendable, and I am confident of their ability to catalyze the green energy ecosystem”.

India is already embracing and promoting solar, clean-tech, and sustainable energy solutions in a major way, in a bid to achieve its ambitious target to secure 50 percent of the nation’s power requirements using renewable energy sources by 2030. However, amongst the notable ongoing challenges vis-à-vis India’s clean energy adoption include low awareness amongst end-users, as well as lack of financial viability and credibility on the business side.

Urja Sathi, the platform, was conceptualized and created with the vision to bridge these market gaps and thereby accelerate India’s clean energy transition. Bolstered by the latest fundraise, the company is now looking forward to launch its flagship ‘Urja Sathi mobile app’ by April 2024, and aims to onboard 5000+ solar manufacturers, EPC players, and sustainable energy solutions provider companies pan India, alongside at least one lakh B2C end-users, on its burgeoning e-commerce platform within the next one year or so. In the near future, apart from solar, the platform will also be focusing on Green Hydrogen, EV, wind and other emerging segments within the broader green energy landscape in our country.

Bengaluru, March 06, 2024 With the onset of spring, it’s time to take the style game a notch higher with jewellery trends that have the runways blazing! 2024 is all experimenting with these new style trends and letting your jewellery take centre stage! This year jewellery isn’t simply about accentuating a look or just following but about adapting that trend to express your mood, markyour moments and create a statement that is sure to make heads turn.

Commenting on these trends, Pallavi Sharma, Business Director, PGI India, stated, “The landscape for women’s jewellery has really evolved over the years, creating a whole new segment that caters to modern women who seek contemporary designs that align with their lifestyle and serve as an extension of their personality. In 2024, being authentic will continue to maintain centre stage, with women playfully experimenting with jewellery that serves as a canvas for artistic expressions through fun patterns, unique materials combined with precious metals, bold colours and motifs representing pop culture. The art deco trend already has the runway buzzing. Stacking continues to be a favourite, encouraging women to mix and match different shapes, colours and motifs to create their own unique style story with wristwear, rings and even neckwear. This year is all about expressing oneself and as the mood is never constant, nor should the style statement. From sculptural minimalism to bold stacking, the style mantra for 2024 will be about experimenting and catering to every mood while staying true to one’s core.”

And as you browse through a plethora of options to update your jewellery closet, platinum jewellery emerges as the ideal choice to ace your style game for the year. Be it the bold statement pieces or the versatile and more functional designs for frequent wear, exquisitely crafted pieces from Platinum EVARA by PGI offers something for every mood and occasion.

Crafted from 95% pure platinum, the subtle white sheen of intricately crafted platinum jewellery by Platinum Evara promises to take your style game to the next level as you experiment with new looks, try new trends or simply add to your collection of perfect everyday jewellery.

Below are our top 3 recommendations to ensure you sparkle and shine through 2024.

MINIMALISTIC YET BOLD

This year is about wearing your mood while staying aligned to your authentic self at all times. Being bold does not mean steering away from your love for the minimalistic, clean lines. ‘Sculptural Minimalism’ with clean, sculptural jewellery such as cuff bracelets, or organic shaped earrings with clean lines or bold statement platinum ringsadds a modernist, industrial feel to any look. These designs combine the powerful volume of organic form, akin to the intrinsic strength of platinum with the timeless elegance of a clean, minimalist look. Platinum with its natural white sheen, promises an understated elegance that remains untarnished through the tides of time.

THE ARTDECO LOOK

There is an increasing preference for jewellery that resonates as art and serve almost like a canvas. From mosaics, motifs and miniatures of pop culture aesthetically imbibed in the core design to the use of distinct materials like ceramics, onyx and gemstones to add a touch of colour and vintage vibe, there is a certain aesthetic that has the runway ablaze. Intricate patterns mirroring the mysteries of the universe encapsulated in a delicate platinum bracelet intertwined with diamonds to quirky pendants and charms – the allure of the artistic vibe is here to stay.

Platinum is denser than any other precious metal ensuring an exceptionally secure grip on diamonds and gemstones. Its pure white sheen lets precious stones shine with all their true brilliance.

STACKS AND CUFFS FOR THE WIN

The 2024 stacks trend comes with one rule, there are no rules! From pre-aligned ring combos to a curated mix and match stack, ring stacks create an illusion of boldly layered jewellery and is a perfect conversation starter as it tells a story and spotlights your personal style. Delicate, stacked neckpieces promise to instantly spotlight the elegant neckline of a stunning dress or a gorgeous Indo-western attire.Akin to the cuff or structured wristwear, that instantly adds a unique dimension to your overall look, creating an impact that reverberates long after you’ve left the party. Cuff bracelets have been all over the runways for the past few seasons and can be found in various forms – thick, thin, dual toned, asymmetric or any other structured pattern.

6th March, Mumbai: Vinod Cookware, a prominent Indian cookware manufacturer, has recently opened its latest manufacturing unit in Gundale village, Palghar district, Maharashtra. The expansion is a strategic move to address the increasing demand for Vinod Cookware products in domestic and global markets. Covering an expansive 250,000 square feet, the newly inaugurated plant in Gundale is now the brand’s largest production unit. This expansion aligns with Vinod Cookware’s existing operational setup, as all factories are currently located in Palghar, enhancing logistical efficiency and managerial cohesion. In addition to being the brand’s largest, the new manufacturing unit is also expected to create approximately 300-350 new jobs to run operations.

The Palghar facility is expected to incorporate technological advancements, including larger capacity production machinery and advanced management technology. While initially handling base and supplementary production processes, the plant will contribute significantly to scaling Vinod Cookware’s existing operations. Upholding a commitment to sustainability, the new unit will adhere to the same standard operating procedures for expanded production. This includes the utilization of sustainable materials and a focus on waste reduction in the production processes. Moreover, in anticipation of optimal capacity, a 60% boost in production capacity is expected, showcasing Vinod Cookware’s dedication to meeting heightened market demands while upholding sustainable and efficient manufacturing practices. In addition to the Palghar expansion, Vinod Cookware extended its reach by entering the UK and EU markets, launching its official UK website in November last year.

“We are pleased to announce the opening of our new manufacturing plant in Palghar, Maharashtra. This strategic expansion marks a significant milestone for Vinod Cookware as we strive to meet the surging demand for our high-quality products with enhanced efficiency and scale. Our new facility stands as a testament to our unwavering commitment to operational growth and, above all, customer satisfaction. As we embark on this exciting journey, we look forward to setting new benchmarks in the cookware industry while ensuring a positive impact on the local community through job creation and economic development.” stated Sunil Agarwal, Director, Vinod Cookware

New Delhi, March 06, 2024: The India Electronics and Semiconductor Association (IESA) and the Netherlands Innovation Network, Embassy of the Netherlands in India, join forces to announce the launch of a groundbreaking report titled ‘Indo-Dutch Semiconductor Opportunities’. This first-of-its-kind comprehensive document for both the Indian and Dutch ecosystems serves as a roadmap for collaboration between the two nations in the crucial semiconductor sector.

Compiled through ten months of intensive roundtables with industry leaders, academics, and policymakers from both countries, the report offers deep dives into various aspects. It delves into the current landscape and future potential of the Indian Semiconductor market explores avenues for Dutch companies to invest in India and examines opportunities for collaborative R&D efforts between Dutch and Indian entities. The report also sheds light on potential academic exchange programs fostering knowledge sharing and skill development through student exchanges and explores the enabling policy ramework provided by the Indian government to facilitate collaborations.

Speaking on the launch Marisa Gerards, Ambassador of the Kingdom of the Netherlands to India, Nepal, and Bhutan said, the ‘Indo-Dutch Semiconductor Opportunities Report is more than just a document; it is a roadmap for future collaboration between our countries. It underscores our commitment to harnessing the power of technology to solve complex challenges and to creating a world where progress and prosperity are accessible to all.

Commenting on the collaborative effort, Mr. Sanjay Gupta, Chairperson, IESA, said, “We are proud to launch this landmark report on the Indo-Dutch Semiconductor Opportunities, in collaboration with the Netherlands Innovation Network. We hope that this report will inspire and facilitate greater cooperation and exchange between the two countries, and enable them to leverage their respective strengths and capabilities to create a positive impact on the world.”

Mr. Ashok Chandak, President, of IESA, stated, “This report is a testament to the strong synergies and mutual interests between India and the Netherlands in the semiconductor sector. The report clearly articulates the potential areas of opportunities in the Industry, Academics, Research, Startup ecosystems, Technology Transfers, etc. It will act as a guiding document in fostering deeper and more focused collaborations between the Indian and Dutch semiconductor ecosystems towards growth and Innovation.

The report was unveiled on, the 4 th of March 2024, at the Embassy of the Kingdom of the Netherlands in the esteemed presence of special invites including Mr. Sushil Pal, JS Meity; Mr. Akash Tripathi, CEO ISM; Mr. Lars Reger, CTO, NXP semiconductors, Representatives of MEITY and Ministry of external affairs and several dignitaries from Industry and Institutes.

India’s electronics and semiconductor industry has seen remarkable growth, especially in semiconductor design and product consumption. Government policies and incentives are driving investments in semiconductor manufacturing. The Indo-Dutch Semiconductor Opportunities Report highlights Dutch industry strengths and India’s growing opportunities, emphasizing collaboration in design, innovation, research, technology transfer, startup incubation, market solutions, and talent development. India aims to produce 85,000 semiconductor professionals in five years. IESA, a key player in India’s semiconductor ecosystem, promotes international collaborations like this, fostering global competitiveness. The report ignifies a crucial step towards collaborative success, paving the way for meaningful partnerships benefiting both nations.

Ms Priyanka Chigurupati,

Executive Director, Granules India Ltd

Hyderabad, 6th March 2024: Quote for International Women’s Day from Priyanka Chigurupati, Executive Director, Granules India Ltd.

“As we commemorate International Women’s Day, it’s important to recognize the strides we have made towards gender equality yet acknowledge that we have miles to go. In the pharmaceutical industry, we are at a pivotal moment where the underrepresentation of women, especially in leadership roles, highlights a deeper systemic challenge. It necessitates a collective shift in our approach, encompassing strategies, mentorship programs, and policies designed to empower women. At Granules, we are committed to driving workforce diversity, not just as a moral imperative but as a strategic investment in the future of our industry and the global economy. By fostering an inclusive environment, promoting work-life balance, and advocating for transparent promotion processes, we aim to dismantle barriers and create an inclusive landscape where every talented individual, irrespective of their gender, has the opportunity to thrive. Supporting women across their life stages and career paths is not just important—it’s essential for innovation, growth, and societal progress. We encourage others in the industry to develop more robust policies that will promote equality. Addressing these issues collectively will be fundamental for creating a thriving industry that values competence over gender.”

National, March 6, 2024: Yatra Online, Inc. (NASDAQ: YTRA), through its Indian subsidiary, Yatra Online Limited (“Yatra”), India’s largest corporate travel services provider (Source: CRISIL Report) and a leading online travel company in India among OTA players in terms of gross booking revenue and operating revenue, for Fiscal Year 2023, today announced the appointment of Gaurav Luthra as Chief Business Officer – New Business Development. As a seasoned professional with over 28 years of experience, Gaurav brings extensive industry expertise to the table. He will lend his strategic leadership to drive the company’s corporate travel proposition focused on Mid-market customers and will play an instrumental role.

As a Chief Business Officer at Yatra, Gaurav will leverage his extensive experience and proven track record, for building and further enhancing Yatra’s mid-market and SME corporate travel proposition, and developing new products such as Visa facilitation and car rentals for business travelers, thereby delivering financial growth for the company. Gaurav’s appointment further strengthens Yatra’s commitment to excellence and its vision of providing exceptional travel experiences to customers.

In his previous role as Managing Director of FCM Travel, Gaurav showcased his prowess in overseeing Indian interests for Australia’s Flight Centre Travel Group (FCTG). During his 25-year tenure at FCTG India, Gaurav emerged as a revered industry veteran, renowned for pioneering product innovations, leading technological advancements, and fostering fruitful supplier relationships to drive revenue growth.

Commenting on his appointment, Gaurav Luthra said, “I’m excited to embark on this new chapter with Yatra, and contribute to its continued success in the travel industry. Yatra’s current trajectory is incredibly promising, and I look forward to collaborating with the team to further fortify this growth. As the newly appointed Chief Business Officer at Yatra, my immediate focus will be on meticulous strategic planning to unlock the full potential of the brand, surpassing the expectations of both our customers and stakeholders alike. With innovative strategies, I’m confident we’ll lead Yatra to even greater success, delighting customers every step of the way.”

Dhruv Shringi CEO & Whole-Time Director, Yatra Online Ltd said, “Gaurav brings with him a wealth of knowledge, the right expertise, and capabilities that will be fundamental to help accelerate Yatra’s presence in the online travel aggregator space. I’m thrilled to have him come onboard as he will play a pivotal role in executing the many exciting opportunities we have on the horizon as we enter our next growth phase.”