Mumbai, India, November 13, 2025: – Nazara Technologies Limited (“Nazara”), a diversified global gaming platform, announced its financial results for Q2 and H1FY26, supported by sustained momentum across mobile gaming, PC/console publishing, and offline interactive gaming.

For H1FY26, Nazara reported revenues of INR 1,025.2 crore, growing 80.2% year-on-year, and EBITDA of INR 109.4 crore, an increase of 118.5% year-on-year. Core gaming EBITDA margin expanded to 23.2%, reflecting the strength of Nazara’s diversified portfolio. In Q2FY26, the company delivered revenues of INR 526.5 crore, up 65.1% year-on-year, and EBITDA of INR 62.0 crore, growing 146.4% year-on-year. Growth during the quarter was led by improving retention, deeper LiveOps engagement, and cross-platform distribution across mobile, console, and PC.

Mobile gaming remained the strongest contributor, led by global franchises such as Love Island, Big Brother, Kiddopia, Animal Jam, and WCC, supported by recurring content seasons and strong engagement metrics. Nazara’s PC/console publishing business continued to perform steadily through evergreen global titles like Human: Fall Flat, alongside incremental gains from catalogue monetization and platform expansion. Offline interactive entertainment brands Smaaash and Funky Monkeys delivered profitable growth driven by standardized centre playbooks, growing repeat footfall, and disciplined expansion.

Nazara’s Centers of Excellence in User Acquisition, Analytics, AI, and Growth are now deployed across multiple studios and franchises, improving LTV/CAC, retention, and marketing payback periods, while enabling faster and more data-led decision-making across the portfolio.

During the quarter, new regulations in India’s online skill-based real-money gaming space prompted Nazara to record an impairment on its investment in Moonshine Technologies (PokerBaazi) based on fair valuation as per accounting standards. Also, Nazara’s stake in Nodwin Gaming reduced below 50%, resulting in de-subsidiarization of the business. Consequently, Nazara measured its retained stake in Nodwin Gaming at fair value, leading to a one-time gain.

Commenting on the results, Nitish Mittersain, Joint Managing Director & CEO of Nazara Technologies, said: “Nazara continued strengthening its position as an IP-led, global gaming platform. In H1FY26, core gaming revenues grew 159% and EBITDA grew 253%, driven by deeper LiveOps engagement, global scale, and strong unit economics across mobile, console, and PC. We are evolving from publishing individual games to building and scaling long-term franchises. Our Centres of Excellence in UA, Analytics, AI, and Growth are creating portfolio-wide operating leverage. The accounting adjustments this quarter, including the Moonshine impairment and NODWIN fair value gain, are one-time items and do not impact operating cash flows or the momentum of our core business. As we complete 25 years, we refreshed our brand identity, including a new logo and our brand positioning line ‘Enter. Magic.’ in step with our commitment towards delivering magical, interactive gaming experiences to our global player base.”

New Delhi, November 13, 2025: EaseMyTrip, one of India’s leading online travel platforms, has announced the launch of its ‘Unwrap Travel Deals Sale’, curated to help travellers secure the best fares and stay ahead of the peak Christmas and New Year holiday period. Live from November 11 to November 15, 2025, the sale offers exciting, limited-period discounts across multiple travel categories including flights, hotels, holidays, buses, and cabs.

With year-end travel witnessing significant demands, the ‘Unwrap Travel Deals Sale’ encourages customers to plan ahead and enjoy meaningful savings on festive journeys – whether domestic or international.

The exclusive ‘Unwrap Travel Deals Sale’ will present customers with absolutely unmissable deals on:

• Flights – Up to INR 7500 OFF*
• Hotels – Up to INR 10000 OFF*
• Buses – Up to 200 OFF*
• Cabs – Up to 500 OFF*

To access these offers, customers can use the promo code ‘EMTUNWRAP’ while availing the services through EaseMyTrip’s mobile app or website.

Customers can enjoy special discounts if they make a booking using the credit cards of AU Small Finance Bank and HSBC. As part of the EaseMyTrip Unwrap Travel Deals Sale, highest spenders can win giveaways and customers can also avail exciting partner offers across top brands like Marks & Spencer(M&S), IGP, and Spykar.

For this sale, EaseMyTrip has collaborated with reputed airline partners like Air Canada, Air France, Air India, Air India Express, Air New Zealand, Akasa Air, American Airlines, Delta Air Lines, EgyptAir, Gulf Air, ITA Airways, KLM Royal Dutch Airlines, Korean Air, Lufthansa, Malaysia Airlines, Oman Air, Qantas, Royal Jordanian, Saudia, Singapore Airlines, SpiceJet, SriLankan Airlines, Swiss International Air Lines, United Air Lines, and Virgin Atlantic.

The exclusive, prestigious hotels offering discounted rates and teaming up with EaseMyTrip are Aceotel, AM Kollection, Amritara, Bloom, Brij, Byke, Citrus Prime, Clarks Collection, Club Mahindra, Cygnett, Eight Continents, Elivaas, Fab, Fateh Collection, Fern, Ginger, Hotel Polo Towers Group, Hotel Sonar Bangla, Housr Corporate stays, Justa, Lords, Le roi, Magnus & Hosteller, Mount Hotels, Moustache, Neemrana, One Earth, OPO Hotels, OTHPL, OYO, Pride, Renest, Royal Orchid, Saltstayz, Sayaji, Sinclairs Hotels & Resorts, Shrigo, Spree, Starlit, Sterling, Suba Group, Treehouse, Summit Hotels & Resorts, Sumi Yashshree Hotels & Resorts, The Clarks, WelcomHeritage, Vesta Hotels and Resorts, Vits, and Zone By The Park.

As part of the Unwrap Travel Deals Sale, EaseMyTrip is even offering a wide range of specially curated holiday packages across India and international destinations like Goa, Rajasthan, Kashmir, Europe, Dubai, Thailand, Singapore, Bali, etc.

Commenting on the launch of the Unwrap Travel Deals Sale, Mr. Manmeet Ahluwalia, Chief Marketing Officer of EaseMyTrip said, “At EaseMyTrip, we understand how special the holiday season is for our customers. With the ‘Unwrap Travel Deals Sale’, we aim to deliver exceptional value during one of the most popular travel periods of the year. By offering savings across flights, hotels, and holiday packages, we want to make both domestic and international winter travel more accessible, memorable, and affordable for everyone.”

Whether travellers are planning a snowy escape, a beachfront Christmas, or a vibrant New Year celebration abroad, the ‘Unwrap Travel Deals Sale’ by EaseMyTrip is designed to make every holiday experience more rewarding.

India 13th November, 2025: Excelia Business School (France) and the Indian Institute of Management Udaipur (IIM Udaipur) are proud to announce the launch of a new student exchange partnership that reflects the growing academic and economic ties between France and India. Under this initiative, students from both institutions will have the opportunity to spend a semester at each other’s campus, immerse themselves in a global cohort, and develop cross-cultural competencies that are increasingly valued in today’s interconnected world.

For Excelia Business School, whose 2025–2030 strategic plan emphasises deeper engagement with India, the partnership represents a key milestone. “This collaboration with IIM Udaipur embodies our commitment to delivering a truly global education,” says Prof. Tamym Abdessemed, Dean of Excelia Business School. “By welcoming Indian talents on our campuses and enabling our students to study in India, we build bridges between two vibrant educational ecosystems and prepare responsible leaders for tomorrow’s world.”

IIM Udaipur, AACSB accredited, already offering robust international exposure through its Student Exchange Programme (STEP) and global immersion initiatives, welcomes the collaboration. Prof. Ashok Banerjee, Director of IIM Udaipur, affirms: “Partnering with Excelia Business School will expand our students’ global mindset and enhance their readiness for leadership in a fast-changing environment. We believe this exchange program will enrich their academic journey and shape adaptable global professionals.”

This partnership is part of Excelia Business School’s broader engagement with India, where the French institution now counts nine active partnerships with leading management institutes across the country, all with international accreditations, including BIMTECH (Greater Noida), IIM Lucknow, IIM Kozhikode, IMT Ghaziabad, MDI Gurgaon, NMIMS (Mumbai, Bengaluru, Hyderabad, Shirpur), SDMIMD Mysore, and XLRI Jamshedpur. These alliances reinforce Excelia’s long-term commitment to India as a strategic partner for academic cooperation and student mobility.

Through this collaboration, Excelia Business School and IIM Udaipur reaffirm their shared belief that education is a bridge between cultures and economies. By combining French expertise in sustainable and experiential learning with India’s entrepreneurial energy and innovation-driven outlook, the two institutions are creating an environment where talent and purpose converge.

13th November, 2025: Amrita Vishwa Vidyapeetham made an impact at the Emerging Science, Technology and Innovation Conclave (ESTIC 2025) at Bharat Mandapam, Pragati Maidan, New Delhi. The conclave, organised by the Department of Science and Technology (DST) under the guidance of the Office of the Principal Scientific Adviser to the Government of India, brought together some of the brightest minds from across the globe.

Event was inaugurated by the Prime Minister of India, Shri Narendra Modi, in the presence of the Nobel Laureate Professor Andre Geim from the University of Manchester. In his address, the PM reiterated India’s commitment towards Viksit Bharat 2047, saying, “The global order is witnessing a major shift. The pace of change today is not linear but exponential. With this mindset, India is advancing in all aspects of emerging science, technology, and innovation with constant focus and commitment. We have established the National Research Foundation to promote research and innovation in our universities. Alongside, we have launched the Research Development and Innovation Scheme with a budget allocation of ₹1 lakh crore.”

During a panel on Artificial Intelligence, Prof. P. Venkat Rangan, Vice Chancellor of Amrita Vishwa Vidyapeetham, highlighted the university’s human-centred approach to AI, stating, “Artificial Intelligence enhances human intelligence and addresses large-scale societal challenges such as healthcare delivery, disaster prediction, education, and sustainable development. At Amrita, we aim to make sure that AI research not only advances technology but also improves humanity through ethical and compassionate application.”

Supporting this sentiment, Dr. Sasangan Ramanathan, Dean Academics and Dean – Faculty of Engineering, added, “Government’s launch of the Research, Development, Innovation scheme fund is a welcome encouragement towards Indian companies investing in R&D, thereby promoting product development in India.”

Meanwhile, Dr. P. Rammanohar, Research Director at the Amrita Centre for Advanced Research in Ayurveda (ACARA), spoke on integrating traditional wisdom with modern science, noting, “Amrita’s approach connects traditional knowledge systems with modern science. At ESTIC 2025, our research showed how evidence-based Ayurveda and modern technology can come together to create innovative healthcare models for preventive and personalised medicine.”

Among the standout innovations featured was Amrita’s Landslide Early Warning System (LEWS) an IoT-based solution developed by the university’s Centre for Wireless Networks and Applications. The system uses real-time data analytics and wireless sensors to detect early signs of landslides and alert authorities, helping save lives in vulnerable regions.

Initially deployed in Munnar, Kerala, where it accurately predicted landslides in 2020, LEWS has since been expanded to Chandmari, Sikkim, covering 150 acres with over 200 sensors adapted for Himalayan conditions. It is now being extended to Odisha’s Gajapati district. By continuously monitoring rainfall, soil moisture, and ground movement, the system enhances climate resilience and disaster preparedness a shining example of technology serving humanity.

Through innovations and collaborations, Amrita Vishwa Vidyapeetham continues to contribute India’s science and technology landscape, aligning with the nation’s vision of becoming a global innovation leader.

Hyderabad/Delhi, 13th November 2025: Mahindra University’s School of Law has signed a Memorandum of Understanding (MoU) with the Indian Institute of Arbitration and Mediation (IIAM) to establish the Seeding Centre for Peace and Justice, which is essentially an Institutional Arbitration and Mediation Centre on its campus.

The initiative forms part of IIAM’s ‘Gateway to Justice’ (G2J) project, a nationwide initiative that aims to set up these centres at law schools across India. The project’s goal is to enhance access to justice and promote a culture of amicable dispute resolution.

The Mahindra University Seeding Centre for Peace and Justice will serve as a consortium partner of the IIAM G2J project and function as an affiliated centre under IIAM’s online dispute resolution platform, ‘Peacegate’. Through this collaboration, students, faculty, alumni, and the community will have access to real-time dispute resolution, mediation, arbitration, and case management, integrating practice with legal education.

According to Dr Yajulu Medury, Vice Chancellor, Mahindra University, “With a strong focus on interdisciplinary education and experiential learning, our collaboration will enable the exchange of knowledge and broaden their perspectives while preparing them to become industry-ready professionals. The establishment of the “Seeding Centre for Peace and Justice” at Mahindra University marks a significant milestone in experiential legal education in institutional arbitration and mediation. It reflects our commitment to creating a learning ecosystem that goes beyond theoretical understanding. We aim to nurture practical competence and social responsibility by bringing real cases into our education system. We are not only enhancing the professional readiness of our students but also contributing meaningfully to bring accessible justice for the community.”

This JDC will also be complemented by the Mahindra International Dispute Resolution Centre, which will operate as a full-scale institutional ADR facility housed on the university campus. The Mahindra International Dispute Resolution Centre will serve as a training ground for students and young professionals to manage real cases, offering a vital resource to the community.

Anil Xavier, President, Indian Institute of Arbitration and Mediation (IIAM), said, “Law schools have always been justice training centers and not delivery centers. By establishing these Centers, we are enabling students to undertake real-time work so that by the time they graduate, they are industry-ready and equipped with real-world experience. We aim to transform law schools from mere training grounds into active hubs of justice delivery, where students and young professionals manage real cases, offering a vital resource to the community. This initiative will also benefit the public at large, as they won’t have to go to court for adjudication and dispute resolution—they can instead approach the law schools.”

The centres will host institutional and ad-hoc arbitration and mediation, provide training programmes in accordance with IIAM’s approved schedule, and help cultivate a panel of student, faculty, and professional mediators and arbitrators. The initiative also aims to benefit the broader community by offering accessible dispute resolution beyond traditional courts.

“This MoU is a pathbreaking initiative as it offers our law students professional training, a significant change from the typical simulations or mock exercises. This partnership is a crucial step in bridging the gap between classroom theory and professional practice. The programmes’ focus on mediation advocacy, arbitration advocacy, case management, and adjudication in real-world settings provides students with a distinct readiness advantage, preparing them for the challenges of the legal profession. It is a paradigm shift in law education,” emphasised Dr E.R. Jayram, Dean, School of Law, Mahindra University.

Under the collaboration, Mahindra University and the Indian Institute of Arbitration and Mediation (IIAM) will organise joint workshops, seminars and research projects, all aimed at further promoting ADR practices.

13th November 2025: Finarkein, a leading technology company enabling responsible and intelligent data-driven financial services, successfully showcased its innovations in cross-border, consent-led data infrastructure at the Singapore FinTech Festival (SFF) 2025. The participation showcases Finarkein’s commitment to shaping secure, interoperable, and user-consented data exchange frameworks for the global financial ecosystem.

SFF 2025 served as the premier global stage for fintech innovation and networking, bringing together leading fintechs, central banks, regulators, global investors, and innovation leaders from over 100 countries. Finarkein’s participation marked a significant milestone in advancing its global innovation agenda, offering exceptional brand visibility and positioning it among international leaders in Open Banking and Digital Public Infrastructure (DPI).

The event offered Finarkein an opportunity to demonstrate how India’s consent-led digital frameworks can be adapted for diverse markets, reinforcing a vision of trusted, seamless, and universally accessible financial data exchange. The team gained valuable insights from strategic discussions, peer interactions, and emerging trends—learnings that will inform future product narratives and go-to-market strategies.

The company’s announcement followed its recent USD 1.5 million extended pre-Series A round backed by the DSP Group Family Office, a clear reflection of investor trust in the company’s vision for the future of financial data infrastructure.

“As cross-border finance continues to evolve with multiple networks and rails competing to deliver secure, real-time, and affordable payments, data is following a similar trajectory. Open Finance has now become a global phenomenon, and Finarkein is taking the lead in building the next-generation rails for cross-border, consented data-sharing networks, responsibly and at scale,” said Nikhil Kurhe, Co-founder & CEO, Finarkein.

In India, the company has become a trusted technology partner for banks, NBFCs, insurers, and fintechs by powering compliant and secure data exchange through the Account Aggregator (AA) framework. At SFF 2025, Finarkein engaged with global partners to explore collaborations across Asia and beyond — reinforcing how consent-led data architectures can unlock innovation in lending, wealth management, insurance, and cross-border financial services.

As global financial systems evolve toward greater connectivity, user empowerment, and data-led innovation, Finarkein is developing advanced data rails built on trust, transparency, and consent. Engineered for seamless cross-border collaboration and aligned with the highest standards of security, privacy, and interoperability, these solutions position Finarkein at the forefront of the transition to unified, consumer-centric data frameworks—enabling a more open, inclusive, and frictionless embedded finance ecosystem.

India , November,13th 2025: Nexus Select CITYWALK, Delhi’s most loved shopping and lifestyle destination, is all set to sparkle brighter this wedding season with the much awaited third edition of its signature beauty festival, The Gloss Box. From November 10 to November 30, 2025, the mall will transform into a haven for beauty enthusiasts, offering an immersive experience with some of the biggest names in beauty, grooming, and wellness under one roof.

From makeup and skincare to haircare and fragrances, shoppers will find the latest trends and must-have products for the wedding and holiday season. The mall has set-up an aesthetic paradise offering an immersive and interactive experience for all. From stunning beauty zones to trend-led showcases, guests can dive into what’s new and next in makeup, skincare, haircare, and wellness. The Gloss Box will host live demos, beauty tips by experts, and fun makeover zones that help everyone feel celebration-ready.

Shoppers can enjoy exclusive discounts, special gifts on shopping, 2X reward points and exciting “Shop & Win” prizes throughout the month. It’s the perfect time to discover new looks, prepare for functions, or pick the ideal gift for family and friends.

The Gloss Box’s differentiator is its unique blend of phygital experiences designed to engage visitors at every touchpoint with leading brands across skincare, makeup, haircare, spa, and wellness, offering guests the chance to explore, experiment, and interact. Attendees can take part in live demos, connect with fellow beauty enthusiasts, or simply enjoy the vibrant atmosphere. The festival’s highlight will be a series of expert-led masterclasses that delve into the evolving landscape of beauty and wellness, sharing insights on emerging trends, transformative techniques, and holistic self-care.

Leading brands at the festival include Gucci Beauty, NARS, Clinique, Looks, Geetanjali, SS beauty, Nail Rituals, MYOP,  and many more.

Over the years, Nexus Select CITYWALK has emerged as a front-runner in beauty and wellness retail in India. Housing some of the most sought-after international and homegrown brands, the mall has become the go-to destination for shoppers seeking premium experiences in skincare, makeup, grooming, and holistic well-being.

Bangalore, 13 November 2025: The Indian Venture and Alternate Capital Association (IVCA), India’s apex industry body for alternative assets, successfully hosted the IVCA Circles – Bangalore Edition on 12 November 2025, bringing together leaders from venture capital, government, and frontier-tech entrepreneurship to discuss how India can unlock its deep-tech potential through innovation, policy, and long-term capital.

Held in partnership with the Department of Electronics, Information Technology and Biotechnology, Government of Karnataka, and supported by Capital-A, Peak XV Partners, and WestBridge Capital, with IN-SPACe as Knowledge Partner, the forum explored strategies to strengthen India’s deep-tech ecosystem — from research commercialisation to patient-capital mobilisation.

Investors highlight the need for patient capital and government partnership

Manish Kheterpal, Co-founder & Managing Partner, WaterBridge Ventures, and Co-Chair, IVCA VC Council, noted: “Deep-tech investing in India is often misunderstood. The real opportunity lies in identifying scalable innovations early, supporting them through the long development cycles, and thinking strategically about exits. Success will come when investors, founders, academia and the government work together to turn research into real-world impact. SpaceX, Anduril and Palantir have 60–90% of their revenue coming from the US government. Similarly, if we want to create large companies with Indian sovereignty, the government must also partner commercially with many deep-tech companies.”

Siddarth Pai, Founding Partner, CFO & ESG Officer, 3one4 Capital, and Co-Chair, IVCA Regulatory Affairs Committee, added: “The seeds of the Indian DeepTech revolution, like its IT revolution, are in Bengaluru. Bengaluru’s collegial milieu and progressive government policies have allowed it to attract and retain the best minds from across the country. Every VC in India has a Bangalore outpost in order to be closer to quality assets.

India’s DeepTech moment is the convergence of three different factors — capital, talent, and policy. Each feeds into the other to create a virtuous cycle. Startup India’s tremendous gains have given confidence to entrepreneurs and investors to make even more audacious investments.

The announcement of the RDI Fund will be a nucleus around which capital formation occurs. This is expected to galvanise over ₹4 lakh crore of additional capital for DeepTech in India.

As an investor organisation, IVCA has always been at the forefront of championing reform and capital for DeepTech companies. Dedicated working groups and funds have worked hard with the government to create frameworks and avenues to undertake this civilisational challenge.”

India’s Deep Tech Decade: Converting research into scalable enterprise

In a fireside chat with Rajan Anandan, Managing Director, Peak XV Partners & Surge, and Co-Chair, IVCA VC Council, Shri Priyank Kharge, Hon’ble Minister for Electronics, IT, Biotechnology and Rural Development & Panchayat Raj, Government of Karnataka, emphasised the state’s role in fostering innovation and talent that fuels India’s broader tech ambitions.

“Karnataka has always been at the forefront of innovation, and as we look ahead, we are entering the Deep Tech Decade for the state. To facilitate this, we’re investing not just in start-ups but in the entire value chain that makes start-ups into unicorns — from research and skilling to incubation and acceleration,” said the Minister.

He further added, “Our goal is to build globally employable talent, empower entrepreneurs beyond Bengaluru, and enable the next generation of deep-tech solutions that will define India’s future.”

Deep-tech capital formation gaining strength

India’s deep-tech sector continues to attract growing investor interest, supported by alternate capital and progressive policy initiatives. Funding in the sector has increased from $103 million in 2019 to $1.27 billion in 2023, before stabilising at $709 million in 2024. The segment now accounts for over 13% of India’s $11-billion venture-capital ecosystem, underscoring the rising conviction in frontier-technology innovation.

Over 3,600 deep-tech start-ups spanning semiconductors, quantum computing, biotechnology, clean energy, materials science, and space technology have collectively raised more than ₹34,000 crore since 2020. Corporate venture arms and institutional investors have executed 60+ deep-tech transactions since 2022, making up nearly one-third of India’s R&D-driven deals.

India November 13th, 2025 – MobiKwik, India’s leading digital wallet and UPI platform announced the launch of Forex payments on its mobile app in partnership with NPCI Bharat BillPay Limited (NBBL). With this milestone, MobiKwik becomes one of the first fintechs to bring digital foreign exchange services to mobile, strengthening its reputation as a credible pioneer in building secure, home-grown financial innovations that enhance speed, safety and convenience for all users.

The first live transaction of MobiKwik’s innovative and user-friendly Forex product was done in the august presence of Shri T. Rabi Sankar Deputy Governor, Reserve Bank of India at the prestigious Global Fintech Festival, Mumbai on 7th October, 2025.

The launch reflects MobiKwik’s ongoing commitment to support the Government and RBI’s vision of building a fully digital and inclusive financial ecosystem. The Forex category on Bharat Connect is designed to make foreign exchange transactions, transparent and accessible for everyone, transforming how Indians manage their Forex needs through a digital-first, cost-efficient alternative to traditional channels. This allows users to top up forex cards instantly using net banking or UPI with same-day fulfilment.

This initiative is powered by NBBL in collaboration with the CCIL (Clearing Corporation of India Ltd.)

The Forex category is designed to simplify how Indians access foreign exchange by offering:

• Digital-first experience: Book, top up, or remit seamlessly through the app

• Competitive USD rates: Ensuring fair and competitive pricing

• Same-day (T+0) fulfillment: Collect currency from preferred bank branches instantly or digitally remit it outside

• Safe & compliant platform: Fully regulated by RBI and NBBL

This brings foreign exchange services to the fingertips, whether it’s a student paying university fees abroad, a family preparing for international travel or a small business sending funds overseas. This innovation aligns with the broader national vision to make foreign exchange services as seamless as domestic digital payments.

Currently, the platform supports USD transactions and is available to individual users, with plans to extend additional currencies in subsequent phases.

Commenting on the launch, Bipin Preet Singh, Co-founder, MD & CEO, MobiKwik, said, “At MobiKwik, our mission is to simplify access to financial services for every Indian. With Forex payments, we are proud to be among the first fintech companies to introduce a regulated, digital-first foreign exchange service in the country. Users will now be able to access competitive forex rates, top up forex cards instantly using net banking or UPI, and remit money abroad with same-day fulfilment – all from the convenience of their mobile devices. This is a significant leap forward in making foreign exchange as seamless as digital payments.”

Commenting on the launch, Noopur Chaturvedi, MD & CEO, NPCI Bharat BillPay Limited, said, “We are delighted to partner with MobiKwik for the Forex category launch on Bharat Connect. This innovation is set to transform how individuals purchase foreign exchange currencies, providing a transparent and seamless experience for users. Envisioned by RBI and in partnership with CCIL, this initiative reaffirms our commitment to making financial services easy and accessible to all Indians.”

By simplifying access to foreign exchange, MobiKwik continues to bridge everyday financial needs with technology-driven solutions that empower millions of Indians to transact with ease.

Pune, 13th November 2025: As India works toward achieving 500 GW of non-fossil fuel Electric Power capacity by 2030, the Renewable Energy (RE) sector is projected to create over 1.8 million new jobs. In response to this growing demand for skilled professionals, Centre of Renewable Energy (CORE) Academy of The POWERCON Group has launched seven specialized RE courses at Yashwantrao Chavan Maharashtra Open University (YCMOU), the world’s fifth-largest open university. Through this collaboration, CORE Academy aims to train and upskill 20,000 students by 2026, expanding India’s green energy talent pool and addressing the critical skill gap in the RE ecosystem.

Mr. Praveen Kakulte, CEO of POWERCON Training CORE Academy Students

CORE Academy focuses on building a future-ready workforce in key domains such as Wind Energy, Solar PV Systems, Energy Storage, Pumped Hydro Storage, and Electrical Safety, all pivotal to India’s clean energy transition. The launch of Certificate, Diploma, and Advanced Diploma programs in Wind, Solar, and Safety in RE at YCMOU marks a significant step in making specialized skilling programs accessible to a wider and more diverse learner base. These programs blend academic depth with hands-on industry experience, ensuring learners gain both theoretical knowledge and practical exposure preparing “RE Commandos” who are immediately employable and industry-ready.

The curriculum aligns with the National Skill Qualification Framework (NSQF) under the Ministry of New and Renewable Energy (MNRE). Each course has been developed in-house by industry experts at POWERCON, combining the company’s extensive operational experience with globally benchmarked training practices. The programs cater to students, working professionals, and individuals seeking skill certification in RE technologies, with flexible course durations ranging from three months to one year.

Commenting on the launch, Mr. Praveen Kakulte, CEO of The POWERCON Group, said, “We experienced a critical gap between what the RE industry needed and what training institutions delivered. So, CORE Academy was born to create programs designed by practicing engineers, not just educators. Today, we are proud to see our approach shaping professionals who are technically skilled, adaptable, and ready to thrive in a fast-evolving global RE industry.”

CORE Academy has trained 6000+ students and facilitated placements across 25 leading RE companies. The partnership with YCMOU further strengthens the Academy’s reach and impact, enabling large-scale access to RE education and empowering the next generation of green energy professionals for India.