Archives December 2023

New Delhi, 29th December 2023: Beyond Key, a global leader in IT consulting and software services, is pleased to announce the appointment of Anuj Karwa as Vice President of Sales. Having worked in sales for more than 13 years in a variety of industries, Anuj brings a wealth of knowledge and experience to the table.

Anuj holds an MBA from the esteemed Narsee Monjee Institute of Management Studies and is a distinguished graduate. He started his career at Tata Consultancy Services as a Change Management Consultant, and his strategic thinking and hard work earned him a promotion to Business Development Manager. Anuj developed his talents even more at Jio Platforms Ltd., where he held the role of Business Development Manager and made a major growth contribution to the company.

He later moved on to work for Oracle as an Account Manager, where he demonstrated his ability to establish and maintain relationships with clients. Anuj’s career progressed with multiple successful positions, leading to his most recent position as Vice President of Sales at Beyond Key.

At Beyond Key, Anuj will be in charge of the Global Business Development programs. As the driving force behind the company’s expansion plans, his unwavering dedication to quality and enthusiasm for innovation make sure Beyond Key stays afloat in the rapidly changing business and technological landscape.

“We are thrilled to welcome Anuj Karwa to our team as Vice President of Sales,” said Piyush Goel, Beyond Key’s founder and CEO. “With his broad experience, strategic approach, and successful sales history, Anuj will definitely be a key player in propelling Beyond Key’s expansion into international markets.”

Anuj’s market exposure is wide, with a concentration on the USA, Europe, Africa, and India. His sales experience covers a wide range of industries, including market research and advisory services, Ed-Tech (technology and content solutions), IT solutions and services, and more.

“I am ecstatic to be working with Beyond Key. Joining this innovative company represents a thrilling new phase in my career journey,” says Anuj. “Beyond Key’s dedication to quality, innovative solutions, and dynamic workplace environment are a wonderful fit for my professional goals. I am eager to contribute my skills and expertise to the team, and I look forward to contributing to the company’s continued success. In addition to furthering my professional development, I believe that this partnership will greatly advance Beyond Key’s expansion and success.”

Zell Education, a prominent Ed-tech platform specializing in finance and accounts education, has released a comprehensive report highlighting a remarkable surge in placements within the finance and accounts domain for the year 2023. The data-driven insights offer valuable information on student demographics, educational backgrounds, salary trends, and roles within the sector.

The report reveals a diverse student demographic, with 74.63% of students originating from metropolitan areas and 25.37% from non-metro regions. This diversity is mirrored in the success stories emerging from both sets of applicants, emphasizing the widespread influence of finance and accounting education.

The data emphasizes educational and age diversity among successful placements. Graduates aged 19-25 constitute 51.40%, postgraduates above 25 contribute 8.78%, and undergraduates aged 14-19 make up 39.82% of the thriving talent pool. This broad spectrum underscores the effectiveness of Zell’s educational offerings catering to a varied audience.
Graduates students pursuing their degrees have secured an average offered salary of 6.6 LPA, while freshers command an average of 3.5 LPA. Graduates have received impressive offers averaging 12 LPA, with the highest offer reaching an outstanding 50 LPA. These salary trends signify both the competence of graduates and the strong demand for finance and accounts professionals in the current job market.

Students from diverse academic backgrounds, including B.com, CA (Inter) IPCC, CA Qualified, MBA, BBI, BBM, BAF, BMM, BMS, and Indian CMA, are actively pursuing global certifications. Graduates are excelling in a myriad of roles such as accounting and risk advisory, mergers and acquisitions, valuations, internal audit, statutory audit, forensic audit, investment banking, corporate finance, equity research, portfolio management, financial planning and analysis, and management accountancy.

The report showcases the successful placement of over 2000 students in renowned organizations, reflecting Zell Education’s commitment to excellence. Top recruiters, including Morgan Stanley, HDFC Bank, EY, JP Morgan, Deloitte, and Standard Chartered, have recognized the caliber of graduates, reinforcing Zell’s position as a key player in shaping the finance and accounts workforce.

Pratham Barot, CEO & Co-Founder, Zell Education said, “ It is insightful to see such placement records for our students. It reaffirms the fact that global certification when combined with traditional degrees can lead to better career outcomes. This year-end data underscores not only the diverse talent pool that Zell Education cultivates but also the industry’s recognition of our graduates’ competence”.

Kolkata, 29th December 2023: In continuance with its journey of providing a holistic educational environment to students of various disciplines, Techno India Group, Eastern India’s largest education providerhas started a series of innovative talk shows, named Unwind-Boi Kotha Kow. The concept of Unwind is somewhat similar to The Human Library. The third episode of Unwind, hosted today at Topcat CCU,featuredSmt Arundhati Bhattacharya, Retired Indian Banker, Former Chairperson, The State Bank Of India, Chairperson & CEO, Salesforce India, who isinstrumental in introducing many path-breaking strategies during her tenure in the banking sector. She was in conversation with Prof Manoshi Roychowdhury, Co-Chairperson, Techno India Group and spoke on banking, women empowerment and interesting anecdotes from her personal experiences.

Unwindis a monthly talk show with a difference. Each episode features a specialist who answers questions from the moderator and the students present. Unwind provides a chance to students and budding professionals to meet and interact with veterans and specialists of their future professions and learn from them first-hand.

“We are honoured to have Smt. Arundhati Bhattacharya with us today, as our third guest on Unwind- Boi Kotha Kow, sharing her rich and varied experiences. At Techno India Group, we constantly endeavor to provide our students with the best of resources to enable a rich learning experience. Thus, we have started this interactive initiative where their young minds can learn from the masters in different fields over thought provoking sessions”, said ProfManoshiRoychowdhury, Co-Chairperson, Techno India Group.

Unwind – Boi Kotha Kow, has had eminent guests prior to this like Dr Pradeep Vyas, IFS (Retd) & Ms Rangina Hamidi, Professor Of Practice, Thunderbird School of Global Management Former Minister Of Education, Islamic Republic of Afghanisthan. The coming months will see renowned personalities from diverse fields participating in this initiative.

The Human Library is an organization that started a movement in Copenhagen, Denmark, in 2000. It aims to address people’s prejudices by helping them to talk to those they would not normally meet. The organisation uses a library analogy of lending people rather than books.

Ahmedabad, 29th December 2023,— YO Bykes, India’s forefront provider of fuel-agnostic mobility solutions, proudly unveils its ground-breaking high-speed electric scooter, the YO TRUST-Drift Hx model, in Ahmedabad. This marks a significant milestone in the company’s commitment to providing eco-friendly and innovative solutions to the growing demands of the Indian market.

The YO TRUST-Drift Hx model was unveiled at a special event in the presence of the Managing Director and CEO of YO Bykes. This latest addition to YO Bykes’ portfolio underscores the company’s dedication to revolutionizing the electric two-wheeler industry and addressing critical concerns related to reducing carbon footprint in the country.

Key Features of YO TRUST–Drift Hx Model:

1.     Top Speed: 65 km/h

2.     Acceleration: 0 to 40 km/h in 3 seconds, 0 to 65 km/h in 7 seconds

3.     Range: 100 km on Single charge

4.     Battery Capacity: 2.65 kWh

With a maximum speed of 65 km/h, the YO TRUST–Drift Hx model is designed to meet the dynamic needs of urban commuters while ensuring a seamless and eco-friendly travel experience. The rapid acceleration, coupled with an impressive range of over 100 km, makes it a reliable choice for those seeking a sustainable mode of transportation without compromising on performance.

YO Bykes envisions and actively pursues a mission to contribute to the reduction of India’s import bills, particularly in terms of crude oil. The YO TRUST–Drift Hx model is a testament to this commitment, offering a sustainable and high-performance alternative to traditional fuel-powered vehicles.

Mr. Pradeep Kawdiya, CEO, Yobykes Pvt. Ltd., shared exciting plans for the future expressing, “YO Bykes is gearing up to introduce a comprehensive range of low-speed and high–speed electric vehicles in the upcoming financial year. This strategic expansion aims not only to strengthen the product portfolio but also to boost overall vehicle sales. By prioritizing innovation and customer satisfaction, YO Bykes aims to set new benchmarks in the electric vehicle industry and contribute significantly to a sustainable and eco-friendly future. ”

The YO TRUST–Drift Hx model not only emphasizes speed and efficiency but also aligns with YO Bykes‘ broader vision of sustainable transportation and environmental responsibility. As the nation grapples with the challenges of pollution and climate change, YO Bykes aims to play a pivotal role in fostering a greener and cleaner future.

The new product line up signifies a significant step towards a cleaner, greener, and more sustainable future for the automotive industry in India.

Mumbai 29th December 2023: Zype, a pioneering digital lending startup led by Founder and CEO Yogi Sadana, has unveiled its strategic focus on expanding its customer base in tier II cities and beyond, aiming to carve a niche in India’s bustling consumer credit market.

Yogi Sadana said, “Metros exhibit concentrated demand and fierce competition. Identifying pockets with lower competition and risk becomes integral to our strategy in shaping our market presence.”

Yogi Sadana articulated Zype’s commitment to tapping into areas witnessing substantial employment generation and burgeoning consumption trends. He emphasized the shift in consumer dynamics, stating, “These regions are now hotspots for high disposable income groups seeking the next wave of tech products. Metros have reached saturation from a demand perspective.”

Having commenced operations in February, Zype raised an impressive Rs 146 crore in funding led by private equity firm Xponentia Capital. The company predominantly specializes in extending unsecured credit to salaried individuals, averaging Rs 35,000-40,000 over 3-12 months at an annual rate of about 28%.

Distinguishing itself from conventional digital lenders fixated on metropolitan expansion, Zype recognizes immense potential in tier II and tier III cities like Mysore and Vijayawada. Presently, 60% of its revenue stems from these regions, while the remaining 40% originates from tier I cities.

Zype anticipates a tremendous surge in the unsecured personal.loan space in 2024 as well. Recent Reserve Bank of India (RBI) data reflects a notable 23% increase in unsecured personal loans compared to the previous year, up to September 2023.

As New Year’s Eve approaches, accompanied by a long weekend, it’s a fantastic time for travelers to explore new places and unwind from the hustle and bustle of the city

Here are some rejuvenating getaways to revitalize your spirit, amidst the picturesque natural beauty of Sikkim. Alternatively, if you love nature and lush green surroundings, Tungi offers an ideal treat. If you are seeking adventure amid mountains and the melodies of birds that provides the perfect setting to satiate the thrill- seeking desires.

Please find the list of destinations as suggested below for your upcoming vacation

Le Vintuna Gangtok by Club Mahindra: Club Mahindra’s Le Vintuna resort in Gangtok is nestled amidst the picturesque natural beauty of Sikkim. When planning your trip to this stunning destination, you can explore nearby tourist attractions and gain new experiences. Le Vintuna Gangtok is among the most premiumresorts in Gangtok, offering a perfect blend of luxury, peace, and happiness. The best time to visit is from September to February. The resort provides top-notch hospitality and a wide range of indoor and outdoor activities designed for you and your loved ones, making it an ideal place for relaxation and rejuvenation in the lap of nature. It boasts exquisite indoor settings, stunning surroundings, a riverside location, modern amenities, and diverse culinary delights, including local Sikkimese delicacies. You can savorSikkim’s thali, a variety of dumplings, fresh river fish, the Chef’s signature dishes, and other exotic flavours at Curries, the multi-cuisine restaurant

Tungi: Are you looking for a dreamy getaway from the city’s bustle? The highlands near Lonavala City are home to Club Mahindra Tungi, which offers a vacation full with exciting activities and breath-taking views of the surrounding landscape. This picturesque location offers a restorative and inspiring vacation by allowing visitors to fully immerse themselves in the tranquillity of their surroundings. Start your day with a leisurely yoga or meditation session in the serene garden overlooking the stunning, , cool off in the infinity pool, or spend quality time at the Happy Hub.Tungi provides a variety of outdoor adventures, includingrope activities, ATV rides, safaris, bungee trampoline, cricket, and more, all of which are intended to assure an enjoyable family vacation.

One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR, soundbox and mobile payments, today announced the release of Travel Recap 2023, offering a sneak peek into the jet-setting wonders, passport stamps, and epic adventures that unfolded throughout the year.

Delhi emerged as the most traveled domestic destination, capturing the hearts of explorers and culture enthusiasts, while Dubai dominated international travel, showcasing the allure of its cosmopolitan charm.

As per Paytm Travel trends, a remarkable 70% increase in solo travellers has been observed marking a trend of wanderlust-driven individuals seeking independence and self-discovery. A rise of 25% in women travellers has also been observed. While a notable 10% and 12% increase in travellers below the age of 10 and above 60, respectively, have been reported.

The most preferred season to travel has been Winter as the company witnessed the highest travel activity among users in October, November, and December. Showing demographic diversity, the company reported a 60% surge in travelers exploring the seven northeastern states.

Some of the prominent Vande Bharat Routes on Paytm included Secunderabad – Visakhapatnam, New Delhi – Varanasi, and Mumbai Central – Gandhinagar. The company also informed that the airports which saw the maximum increase in travellers in 2023 include Thiruvananthapuram, Itanagar, Jodhpur, and Aurangabad.

Dehradun, Jodhpur, Goa, and Manali also emerged as the top backpacking destinations for adventurous souls. Making their travel experience environment friendly, over one million travellers opted for electric buses, contributing to sustainable and responsible tourism.

The most popular international travel destinations were Dubai, Bangkok, London, Mauritius, Melbourne, and New York. Interestingly, there was one user who traveled to Antananarivo in Madagascar, reaffirming that with Paytm, no destination is too far.

The company has also announced a Paytm Travel Carnival for users who are looking forward to traveling this Christmas or New Year. The Paytm Travel Carnival Sale is live from December 22 to 31, offering users a perfect opportunity to plan their festive getaways. If there’s any change in travel plans, users can also avail 100% refund on flight, bus and train tickets with Free Cancellation. Users have saved Rs 30 crore in 2023 by using Free Cancellation while booking their travel tickets.

Paytm Spokesperson said, “In online ticketing, our focus is on providing users with convenient travel bookings. Committed to delivering a seamless travel experience, Paytm Travel’s 2023 Recap emphasises on dedication to offering the best price guaranteed. Trusted by millions, our platform remains the preferred choice, reflecting the travel patterns across India throughout the year.”

29th December 2023 Bangalore: In a significant boost to the burgeoning personalized skincare market, SkinQ Dermo cosmetics has secured a seed investment led by Inflection Point Ventures with participation from Venture catalysts and Super Angels. This funding round marks a milestone in SkinQ’s journey to bring cutting-edge dermo cosmetics solutions to the market.

Founded by the globally acclaimed dermatologist Dr. Chytra V Anand, SkinQ is not just a pioneering brand but a movement towards redefining skincare standards. The company’s ethos is rooted in empowering individuals with melanin-rich skin, enhancing their confidence and well-being. With its mission to elevate the Skin Quotient of 10 million customers in the next three years, SkinQ is setting a new precedent in the industry with Clinically tested and proven solutions for Skin of Colour. SkinQ is bringing dermatologist expertise to the homes of the consumers with solutions for common skin concerns

The seed capital from IPV is pivotal for SkinQ’s aggressive expansion plans. The funds will be strategically channelled towards launching innovative products, ramping up research and development, expanding the team, and enhancing the brand’s market presence. This investment signifies a transformative phase for SkinQ, poised to disrupt the traditional skincare market with its unique focus on melanin-rich skin.

SkinQ is spearheaded by 2 Women of renown in their fields. Founder & Chief formulator, Dr. Chytra Anand, a globally renowned Dermatologist and a leading skin influencer is the visionary force behind SkinQ, leveraging her expertise as a skin of colour expert and acclaimed award winning dermatologist.

Co-Founder & CEO, Meera Iyer, equipped with a B.Sc in Chemistry and Biotechnology, and an MMS in Marketing, complements the venture with her strategic acumen, serving as an instrumental co-founder shaping SkinQ’s growth trajectory leveraging her expertise from Unilever, Big basket and Medlife CMO & CBO roles.

Ivy Chin, Partner, Inflection Point Ventures, says, “By embracing the melanin-rich skin of Indians, SkinQ aims to revolutionise skincare by recognizing the unique needs of Indians . By addressing the distinct requirements of the melanin-rich skin, SkinQ has the potential to captivate the hearts of millions, who can truly appreciate the difference in its products.”

SkinQ achieved a significant operational milestone, growing MOM in their revenues, marking substantial growth and success in its endeavours with a discerning customer base and new channels of distribution. SkinQ is the first Indian Origin Dermo Cosmetics brand retailing in Dermatology offices & MedSpas in USA.

It boasts a unique array of strengths and USPs, including clinically proven functional Dermo Cosmetic solutions known for their efficacy. As the brainchild of a dermatologist, the brand stands out as the first to specifically formulate and test products addressing concerns of skin of colour, setting a pioneering standard in the industry.

Dr. Chytra Anand, Founder, SkinQ, says, “Everyone deserves to have healthy glowing skin and access to best in the class solutions celebrating the diversity and uniqueness of Indian skin and melanin rich skin. With over 2/3 of the world’s population being Melanin rich there is an under representation with only 8% of skin solutions solving for them globally.

“The alliance with IPV & our investors is a strategic enabler in our quest to redefine the skincare paradigm through a fusion of scientific ingenuity and technological innovation. This capital infusion is pivotal in augmenting our research and development bandwidth, enriching our bespoke product portfolio, and amplifying our outreach to a discerning customer base.”

We are building a multi-dimensional approach to be present at various touch points of our customers skin health journey in the fasting growing segment today.”

SkinQ garnered notable recognition in the beauty industry, securing finalist positions at esteemed events like Estee Lauder & Nykaa’s Beauty & You awards and the D2C Innovation Awards underscoring its innovative approach. Additionally, its sunscreens have received accolades, ranking as the top choices—voted as the top 5 by Vogue Beauty Awards and top 4 by Elle Beauty awards—solidifying SkinQ’s commitment to quality and effectiveness in skincare.

The Dermo Cosmetics market in India showed substantial growth, rising from $188 million in 2021 to an anticipated $450 million by 2030, indicating a significant upward trajectory. Globally, the industry was valued at $51 billion in 2021, forecasted to reach an impressive $130 billion by 2030, showcasing substantial expansion and potential for the coming years.

Mumbai, 29th December 2023: The scrip listed Rs 282 per share on BSE and Rs 282.35 per share on NSE. The company’s share price closed at Rs 312.50 per share on the BSE, a 11.61% premium, and at Rs 311 per share on the NSE, a 11.07% premium.

As per NSE, the total quantity traded stood at 312.05 lakh shares, on BSE the total Quantity stood at 18.29 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 988.99 crore.

Mr. Kamal Khushlani, MD – Credo Brands Marketing Limited, said “Mr. Kamal Khushlani, CMD – Credo Brands Marketing Limited, said ” As Credo Brands Marketing (MUFTI) enters this momentous phase of being listed on the exchange, we extend our heartfelt gratitude to each shareholder and investor who has been an integral part of our journey. Your unwavering support and trust have been the cornerstone of our growth and success. This milestone is a testament to the collective efforts and resilience of our team and partners. As we stride into this new chapter, we reaffirm our commitment to delivering value, fostering innovation, and upholding the trust you’ve placed in us. Thank you for supporting us.”

The Market Capitalization of the Company at today’s closing price stood at Rs. 2,009.43 Crore as per BSE and Rs. 1999.79 Crore as per NSE.

The Initial Public Offering of Credo Brands Marketing Limited was subscribed 51.85 times. Retail Portion was subscribed 19.94 times, Non-Institutional Investors Portion with 55.52 times, whereas Qualified Institutional Buyer Portion subscribed 104.95 times.

Kamal Khushlani launched the brand “Mufti” 25 years ago with a vision to redefine menswear. It believes in providing a meaningful wardrobe solution for multiple occasions in a customer’s life, with our product offerings ranging from shirts to t- shirts to jeans to chinos, that caters to all year-round clothing. The products are designed to provide a youthful appearance while keeping up with the ongoing fashion trends.

Mufti’s product mix has evolved significantly over the past several years from consisting of only shirts and trousers to a wide range of products including t-shirts, sweatshirts, jeans, cargos, chinos, jackets, blazers and sweaters in relaxed holiday casuals, authentic daily casuals to urban casuals, party wear and also athleisure categories as on date.

The products are available through a pan-India multichannel distribution network that we have built over the years comprising of its exclusive brand outlets (“EBOs”), large format stores (“LFSs”) and multi-brand outlets (“MBOs”), as well as online channels comprising the website and other e-commerce marketplaces. As of September 30, 2023, it has a pan-India presence through 1,807 touchpoints consisting of 404 EBOs, 71 LFSs and 1,332 MBOs, with its reach extending from major metros to Tier-3 cities, with a presence in 591 cities.

Get ready for an extraordinary television experience as Zee 24 TAAS prepares to enthral its diverse audience with a special edition of the ‘Leaders’ show. Mark your calendars for the broadcast on 30th December 2023, Saturday, at 9 pm and on 31st December, Sunday, at 12:30 pm. This special episode shines a spotlight on individuals from various spheres who epitomize leadership through their profound connection to Indian art and culture.

The extraordinary ‘Leaders’ show promises a deep exploration into the lives of individuals dedicated to championing and safeguarding India’s rich and diverse art and culture. These multifaceted personalities stand as beacons, inspiring the upcoming generation and contributing to the kaleidoscope of diversity that defines India. The show unfolds the expansive panorama of India’s cultural legacy, spanning music, dance, theatre, folk traditions, performing arts, paintings, and literature.

In an exclusive dialogue, the renowned actress Madhuri Dixit Nene provides profound insights into her upcoming movie, ‘Panchak,’ set for release on January 5. Madhuri’s interview on the ‘Leaders’ special program offers a rare glimpse into her perspectives on politics and unwavering commitment to the world of cinema. When asked about the possibility of entering politics, Madhuri Dixit Nene responded, “Categorically, politics is not my realm of interest. The question of entering politics often arises, particularly around election times, but it’s crucial to recognize that it doesn’t align with my persona. I identify as an actress; it’s my craft, my passion. I’ve devoted my career to the art of acting, and that’s where my unwavering commitment lies—continuing to explore, evolve, and contribute to the world of cinema.”

Emphasizing the essence of the show’s programming, Nilesh Khare, Editor-in-Chief of Zee24 TAAS, shared, “This episode of ‘Leaders’ epitomizes our commitment to showcasing the vibrant tapestry of India’s cultural heritage. It goes beyond the surface, delving deep into the lives of those who have dedicated themselves to preserving and promoting our rich artistic legacy.”

Dr. Shriram Nene, Producer, also offered his insightful perspective, stating, “I chose to come to India because I believe there is a significant demand for healthcare in the country. In the next ten years, India has the potential to become a global economic leader, creating more opportunities here than in other countries. RnM Moving Pictures initially focused on producing Marathi films, but we plan to expand into producing content in Hindi and English as well.”

This captivating episode has been meticulously curated not only to celebrate cultural luminaries but also to offer an intimate narrative of the personal and professional journeys of these esteemed custodians of culture.

Zee Media Corporation Ltd, one of India’s leading media companies, has a strong presence in the news and regional genres, with 16 news channels in seven different languages, reaching more than 528+ million viewers through its linear and digital properties.