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Lord’s Mark Industries Sees 40.41% Revenue Growth, Reaching INR 422.24 Crores in FY24

Oct 15, 2024 by Gayathri Pariti 0 Comments #Growth, #Reaching

Mumbai, 15th October 2024 – Lord’s Mark Industries, a diversified business group demonstrated strong financial growth, registering a healthy revenue uptick of 40.41% in FY24. The company’s revenue from operations increased to INR 422.24 crores in FY2024 from INR 301.08 crores in FY2023, underlining a sustained momentum in a competitive market scenario. The company is set to get listed in December 2024.

This consistent revenue growth is in line with the Group’s strategic vision to scale up operations in a cost-efficient manner.

In tandem with its revenue performance, Lord’s Mark Industries posted an impressive 106.13% rise in Profit After Tax (PAT) in FY24.

Speaking on the company’s strong financial performance, Mr. Sachidanand Upadhyay, Managing Director, Lord’s Mark Industries Ltd., said “Our remarkable financial performance in FY24 is a testament to our strategic investments and expansion initiatives. Several factors contributed to this success. Across our associated companies—Lord’s Automative, Lord’s Mark Biotech, and Lord’s Mark Microbiotech—we pursued aggressive expansion in both existing and emerging markets, including metros and tier 2 and 3 cities. Lord’s Automative introduced EVs, while our medtech sector launched advanced genome testing kits and E-Smart Clinics; tapping into the growing awareness of electric vehicle adoption and preventive healthcare. These trends have significantly enhanced our earning visibility. The robust growth in revenue and profit margins reflects our focus on process optimization, scaling efficiently, and maintaining stringent cost controls. We are confident that this momentum will drive continued innovation and market expansion, positioning us for sustained growth in FY25 and beyond.”

Lord’s Mark Industries has been strategically investing in its subsidiaries to drive the development of cutting-edge medtech products, the production of innovative diagnostic solutions, and the expansion of its pathology lab network across India. Additionally, the company plans to scale up the export of its medical diagnostic products and equipment.

Incorporated in 1998, Lord’s Mark Industries began its journey from paper industry to innovative Solar/LED, Healthcare, Automotive, and Innovative MedTech sectors. Lord’s Mark Industries is one of the industry leaders to have its own world class R&D facility and team for manufacturing medical diagnostic and medtech products.

The company through its subsidiary has launched saliva-based technology for genome testing through its brand MyDNA. It has collaborated with Dozee, IIT Bombay, BARC and made them its R&D partners to redesign medical infrastructure in India.

Lord’s Mark Industries’ major business units, such as the Diagnostic-Medtech and innovative Solar-LED divisions, have been breaking new ground with a focus on innovation and a solution-oriented approach. Additionally, subsidiaries like Lord’s Automative, Lord’s Mark Biotech, Lord’s Mark Microbiotech, and Lord’s Mark Insurance Broking Services are strengthening their market presence. The upcoming listing will fuel growth, supporting the company’s efforts to expand its footprint and maintain its growth trajectory.

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DoubleTree by Hilton Goa-Panaji Appoints Nikita Dugade as Assistant Director Sales

Oct 15, 2024 by Gayathri Pariti 0 Comments #Assistant, #Director

15th October, National: DoubleTree by Hilton Goa- Panaji is delighted to announce the appointment of Nikita Dugade as Assistant Director of Sales. The recent senior positions onboarding is a strategic move underscoring DoubleTree by Hilton Goa- Panaji’s commitment to strengthening leadership. As part of her new role, Nikita will be spearheading on-ground operations, enhancing stakeholder relationships and overseeing sales operations in Goa.

Nikita brings with her a rich background from her tenure at Westin Goa, Westin Powai, JW Marriott Juhu, Vivanta by Taj Goa amongst others. She has been recognized with several prestigious awards throughout her career, including ‘Manager of the Month’ at Westin Goa and for her pivotal role in organising and executing the “Shaadi by Marriott” campaign at JW Marriott, Juhu

“We’re excited to welcome Nikita to our team. With her impressive track record, we’re eager to see her vision translate into greater productivity and growth for our property. We wish her all the best.” said Harshad Nalawade, General Manager, DoubleTree by Hilton Goa- Panaji.

Commenting on her appointment Nikita Dugade, Assistant Director, Sales expressed, “I am excited about my new role. I look forward to leveraging my expertise gained through the years to drive operational excellence and sales growth.”

When not counting numbers or chasing targets, Nikita likes to unwind with Travelling and putting on her dancing shoes.

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Troo Good Secures USD 9 Million in New Funding, Led by Oaks Asset Management

Oct 15, 2024 by Gayathri Pariti 0 Comments #Asset, #management

Hyderabad, 15th October 2024: Hyderabad-based Troo Good, India’s largest millet-based snack brand, has successfully raised USD 9 Million in a funding round led by Puro Wellness. Existing investors Oaks Asset Management and V Ocean Investments also participated, strengthening their support for Troo Good’s growth strategy. This capital infusion will support the company’s efforts in expanding infrastructure, enhancing distribution capabilities, and driving product innovation.

This latest round brings Troo Good’s total funding to approximately . Troo Good last raised in a Series A round in November 2021. The company has consistently remained profitable, showing revenue growth year-on-year while competing in the highly competitive FMCG market. This focus on profitability and expanding its retail footprint, online sales channels, and new geographies has cemented investor confidence, as demonstrated by Oaks Asset Management and V Ocean Investments’ continued support.

Vivek Anand PS, Partner at Oaks Asset Management, expressed his confidence in the brand, saying, “Troo Good has consistently delivered value year after year, proving the strength of its business model and the exceptional leadership of founder Raju Bhupati. Our confidence in the brand has only grown, and we are very happy to be part of this next phase of their journey.”

Speaking on the successful fundraise, Raju Bhupati, Founder and CEO of Troo Good, commented: “This funding marks a pivotal moment in our growth journey as we scale our infrastructure, expand our distribution network across India, and focus on innovative millet-based products. We are committed to making healthy, affordable snacks accessible to all and are excited about the opportunities ahead. The funds will help us enhance our manufacturing capabilities, reach more consumers, and innovate with new products that cater to our customer’s evolving tastes and needs. I am extremely excited about the partnership with Puro Wellness in particular since they bring immense complementary skills and strategic distribution depth to Troo Good.”

Troo Good will continue to focus on growing its market share in the rapidly expanding healthy snacks segment. The company is preparing to establish the Troo Good brand as a leader in the millet-based snack category.

Since its founding in 2018, Troo Good has become known for its range of millet-based snacks, including chikkis, protein bars, and Nutri bars. The company sells over 3 Million units daily of its popular millet chikkis and other millet snacks. With this fresh capital, Troo Good is well-positioned to capitalize on the growing demand for healthy, affordable, and sustainable snack options across India.

Mr. Ruchir Modi, Founder of Puro Wellness, stated, “We are deeply aligned with Troo Good’s vision of delivering healthy, affordable snacks to India’s mass market. This partnership is a natural fit for Puro Wellness as we expand our mission to build a comprehensive wellness foods platform. Beyond capital, we are bringing our extensive distribution network and strategic expertise to the table, ensuring that Troo Good becomes a household name across the nation. Together, we aim to elevate the wellness food industry and make healthy eating accessible to millions more.”

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Kinetic Engineering to Invest RS.30 Crores in New Electric Subsidiary Kinetic Watts and Volts

Oct 15, 2024 by Gayathri Pariti 0 Comments #Electric, #Subsidiary

Pune, 15th October 2024: Kinetic Engineering Limited, a leading auto component manufacturer in India, has announced an investment of into its newly formed electric subsidiary, Kinetic Watts and Volts Limited. This strategic infusion builds upon the company’s initial investment of , raising the total investment to. This investment underscores Kinetic Engineering’s focus on advancing innovation in the electric vehicle (EV) space, particularly in the areas of advanced EV technology and battery solutions.

The fresh capital investment will focus on expanding Kinetic Watts and Volts limited’s research, development, and manufacturing capabilities. With the EV market growing rapidly in India and globally, the company is poised to leverage its expertise and infrastructure to contribute significantly to the country’s green mobility transformation. The funding will support the development of high-performance, efficient, and sustainable electric vehicle systems, with an emphasis on state-of-the-art battery solutions designed to enhance vehicle range, reliability, and energy efficiency.

Commenting on this development, Mr Ajinkya Firodia, Managing Director of Kinetic Engineering, stated, “The electric vehicle market is rapidly evolving, and Kinetic Engineering is dedicated to staying at the forefront of this revolution. With the latest infusion of capital into Kinetic Watts and Volts Limited, we are not only reinforcing our commitment to innovation but also taking tangible steps towards a more sustainable future. This investment will empower us to create efficient, reliable, and advanced electric mobility solutions for our customers in the Indian market.”

Kinetic Watts and Volts Limited was established to spearhead Kinetic Engineering’s transition into the green energy sector. This recent investment is aligned with the company’s strategy to drive innovation through sustainable technologies. By focusing on EV technology and battery solutions, Kinetic Watts and Volts Limited aims to bring next-generation electric mobility solutions to the market while supporting India’s ambitious goals for reducing emissions and promoting renewable energy.

With India’s electric vehicle market poised for exponential growth, Kinetic Engineering is committed to making electric mobility accessible, reliable, and sustainable for all. The additional funding will accelerate the company’s efforts to deliver on this promise and position Kinetic Watts and Volts Limitedas a leader in the EV space.

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Shinjini Kulkarni to showcase a scintillating performance at REACH Virasat.

Oct 15, 2024 by Gayathri Pariti 0 Comments #performance, #scintillating

Kathak virtuoso Shinjini Kulkarni, an eminent torchbearer of the Lucknow gharana, will exhibit a grand spectacle pulsating with intricate techniques at REACH Virasat 2024. The evening of October 21, 2024, at the Dr. BR Ambedkar Stadium, Dehradun will leave the audience stunned with Kulkarni’s grace, intricate techniques, and expressive abhinaya.

Brightening the stage with her dedication and passion, Shinjini has garnered the audience’s affection and blessings. Her performances, a powerhouse of poetic uniqueness and creative approaches have never failed to catch the spectator’s admiration worldwide.

At Virasat 2024, her performance will dive into the rich traditions of the Lucknow Gharana of Kathak, offering the dance aficionados the opportunity to experience the intricate nuances of the dance form. Her presentation will include recitals in Teentaal and Rupak, showcasing her skill over rhythm and craft. In addition, she will present an enthralling abhinaya segment that brings together the emotions and art of narration through dance.

From the Ninth Generation of the Kalka Bindadin Lineage, Shinjini began her training at an early age under the tutelage of her grandfather Pt.Birju Maharaj ji and since then she has been exploring her passion for dance. From performing in groups to solos at prestigious national and international events, the ardent dancer put her mind and soul to the concept to deliver an unforgettable performance on stage.

Virasat 2024, starting from October 15 to October 29, 2024, offers a platform for esteemed artists to share their expertise and passion that enriches the cultural tapestry of folk life and rich heritage by featuring classical dance, music, art, craft, theatre, cinema, literature, yoga, and much more.

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Condé Nast Traveller Unveils Fifth Top Restaurant Awards with Zomato Partnership

Oct 15, 2024 by Gayathri Pariti 0 Comments

Monday, 15th October 2024: Condé Nast Traveller India, the country’s leading luxury travel and lifestyle multimedia brand, is thrilled to announce the fifth edition of its prestigious Top Restaurant Awards in a multi-year partnership with Zomato. This landmark collaboration in hospitality will kick-off with a glittering awards ceremony on Monday, 11 November in Mumbai and play across digital & social platforms and via curated experiential experiences.

The Top Restaurant Awards stand out for their credibility, built through a rigorous selection process. Thousands of restaurants from all over India are scored by 100 jury members from across ten regions. These include India’s foremost food writers, creators, and tastemakers, who vote across two rounds to score India’s 50 top restaurants. A few notable jury members include Rashmi Uday Singh, Harsh Goenka, Kunal Vijaykar, Sadaf Hussain, Raghavendra Rathore, Sid Mewara, Jayanti Reddy, Jim Sarbh, Rohan Joshi, Pernia Qureshi, Vinita Chaitanya, and many more. The process and tabulation is overseen by an independent consulting firm. Condé Nast Traveller will appoint an independent consulting firm for the voting process and tabulation.

Condé Nast Traveller’s partnership with Zomato marks a pivotal moment in the industry and will be focused on developing unique dining experiences across India. This collaboration is designed to shine a spotlight on India’s rich and diverse dining landscape and the people behind it.

“Condé Nast Traveller is thrilled to have partnered with Zomato for the Top Restaurant Awards. This collaboration marks a new chapter for us, bringing together two powerhouses in food and hospitality. Over the next few years, we will work together to celebrate India’s vibrant culinary landscape.” – Sandeep Lodha, Managing Director, Condé Nast India

“Thrilled to partner with Condé Nast Traveller in our endeavour of powering India’s changing lifestyles across use cases including dining out, going-out, staycations and more. Looking forward to building more unique and premium going-out experiences for our customer.” – Deepinder Goyal, Founder & CEO, Zomato

“The process of selecting India’s finest restaurants of the year remains unchanged and meticulous–100 jurors from 10 regions vote confidentially over multiple rounds till we arrive at the Top 50. With Zomato as our partner, we’re taking this celebration of Indian dining beyond that one awards night, with content and experiences that I’m sure diners will enjoy. Top Restaurant Awards are all about cheering the people who make eating out so much fun. Now, things just got more delicious!” – Salil Deshpande, Head of Editorial Content, Condé Nast Traveller India

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Social Beat’s Digital Campaign for Fortune Foods During Ganesh Chaturthi using AI drives engagement

Oct 15, 2024 by Gayathri Pariti 0 Comments #Digital Campaign for Fortune Foods, #Fortune Foods, #Ganesh Chaturthi, #Jignesh Shah, #Social Beat, #Suneil Chawla

Chennai, India, 15th October, 2024: Social Beat, one of India’s leading digital growth partners, released an impactful digital campaign for Fortune Foods during the auspicious occasion of Ganesh Chaturthi 2024. The campaign, inspired by Lord Ganesha’s rich cultural heritage, timeless mythological stories and his love for food, aimed to unite communities online and provide engaging experiences through a series of creative contests and storytelling brought to life with the help of artificial intelligence.

The primary goal of the campaign was to celebrate Ganesh Chaturthi in a way that resonates with both younger and older generations. By presenting ancient tales of Lord Ganesha in a fun, modern format, the campaign brought people together, blending tradition with innovation.

Commenting on the campaign, Jignesh Shah, Head of Marketing, Fortune Foods, said, “Ganesh Chaturthi is a cherished festival for millions, and we wanted to connect with consumers in a way that honours tradition while embracing innovation. Food is such an integral part of the celebrations, and Social Beat’s creative approach enabled us to not only share the essence of Lord Ganesha’s stories but also engagingly celebrate the festive flavours. The results truly exceeded our expectations in terms of both reach and engagement.”

Speaking on the success of the campaign, Suneil Chawla, Co-Founder, Social Beat, said, “Ganesh Chaturthi is a festival that brings people together, and we wanted Fortune to facilitate that in the digital space. Our goal was to blend cultural storytelling with modern technology, creating a campaign that not only engages but also inspires. The overwhelming response we received highlights the power of digital storytelling in resonating with diverse audiences.”

Performance Highlights:

● Total Reach: Over 21 million accounts engaged across 10 days

● New Instagram Followers: 1,500

● Total Contest Entries: 1,622

● Total Impressions: 48.5 million

● Average Cost Per Engagement (CPE): As low as ₹0.01

The campaign received an overwhelming response, particularly on Facebook and Instagram, driving the highest engagement with over 3.5 million video views.

The 10-day digital campaign titled “A Divine Journey Through the Timeless Tales of Lord Ganesha,” featured five stories and five contests, each designed to educate, entertain, and encourage audience participation while promoting the values and wisdom associated with Lord Ganesha. AI tools such as Midjourney, Immercity, and Photoshop AI were used to create compelling story visuals, supported by an exciting series of contests that ran throughout the 10-day festival. Each day featured a new tale or contest, offering rewards for participants. This multi-platform strategy included a mix of Instagram and Facebook posts, videos, and interactive content, concluding with a special Visarjan post.

The Ganesh Chaturthi campaign for Fortune Foods is a testament to Social Beat’s expertise in driving digital impact and engagement, connecting brands with their audience on a deeper, more personal level.

About Social Beat:

Founded in 2012, Social Beat is a digital growth partner, enabling brands to rise to the impossible. They drive business outcomes with a 300+ strong team of digital experts across Bengaluru, Mumbai, NCR, and Chennai. They are India’s fastest-growing independent digital marketing solutions company and manage 4% of digital media investment in India. Social Beat is a Google Premier Partner, and Meta Business Partner and works closely with ecosystem partners like Amazon, Hotstar, Salesforce & LinkedIn. D2Scale is their center of excellence for commerce & omni channels brands to drive growth via D2C & Marketplaces. Influencer.in is their creator economy product driving discovery and real-time reporting of impactful influencer marketing campaigns. They work as extended growth teams with leading brands like Bharat Matrimony, Adani Wilmar, Jaquar, Indian Terrain, Samsonite, Mankind Pharma, Kalpataru Group, Go Colors, Mahindra Finance, JK Cement, Sundaram Mutual, Khazana Jewellery and with hyperscaling startups including boAt, Niyo, Gamezy, A23 Games, EaseMyTrip, Kapiva, Drools and Sukoon Health on driving business outcomes through a combination of creativity and performance.

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Lakshay Khurana on doing romantic scenes in Ishq Jabariya: I can’t imagine putting sindoor

Oct 15, 2024 by Gayathri Pariti 0 Comments #Ishq, #Jabariya

In the world of television, actors often have to perform a variety of scenes, and many times female actors set boundaries for certain scenes they’re not comfortable with. However, it’s not just female actors who set limits—male actors do it too. A great example of this is Lakshay Khurana, who plays the lead role of Aditya in Sun Neo’s show Ishq Jabariya. Lakshay believes in setting boundaries when it comes to certain scenes and openly expresses his views on maintaining these limits as an actor.

Lakshay Khurana shared his thoughts on fully committing to his roles while recognizing the boundaries necessary for him as an individual and as a husband. He said,” As an actor, when we perform, we truly become the character we’re playing. Of course, there are some limitations, and that’s necessary. But TV is a very different medium—it’s a safe space. On TV, nothing goes overboard, and I’m comfortable with that. If there’s a romantic scene or something intimate, it’s all part of the character I’m portraying.”

He further added, “To do justice to the role, I have to be honest with the character. If I’m not, I won’t be able to perform well. However, there are certain boundaries I keep in mind, especially when it comes to something as sacred as applying sindoor. For me and my wife, sindoor holds a deep meaning, and I believe it should be done only once, with the right person. I can’t imagine putting sindoor on anyone else except my wife—that’s something I truly stand by. It’s about balancing the character’s truth while respecting my personal values.”

Ishq Jabariya, airing on Sun Neo at 7:30 PM, is an engaging love story centred around Gulki, a determined young woman with big aspirations. The show boasts a stellar cast, including Kamya Panjabi, Siddhi Sharma, and Lakshay Khurana in key roles, bringing depth and emotion to this captivating narrative.

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Kinetic Green announces New Limited Edition of its Electric 3- Wheeler Safar Smart & Exciting Festive and Financing Offers

Oct 15, 2024 by Gayathri Pariti 0 Comments #Limited, #NEW

Bengaluru, 15th October, 2024: Kinetic Green Energy and Power Solutions Limited, India’s premier electric two-wheeler (e2W) and electric three-wheeler (e3W) manufacturer, is thrilled to announce a limited edition of Safar Smart passenger vehicle available in both lead acid and lithium battery variants. Designed for customers who require dual functionality, it offers space for both passengers and cargo. It features a hard top roof with a dedicated carrier, allowing passengers to travel comfortably while securely storing their goods on top. Additionally, it includes a new music system, floor mats, and stylish wheel caps—all for just more than the standard model.

In alignment with the upcoming festive season, Kinetic Green is also offering special deals across its entire e3W range, combining affordability with enhanced features to deliver exceptional value. These electric three-wheelers, including the special edition, are paired with attractive financing options from leading partners, making ownership easy and accessible. These offers can be availed at dealerships starting from the first day of Navratri.

Kinetic Green has teamed up with two prominent financiers, Cholamandalam Finance and ReVfin Finance, to offer an appealing financing package, making it convenient for customers to own their desired e3W. For instance, the Kinetic Green Passenger Safar Smart Lead Acid e3W now requires a down payment as the Kinetic Green Lithium Battery version comes with a down payment of and can choose either a one-year warranty and 18 months loan term for the lead acid e3W or a three-year warranty and three-year loan period for the lithium model, based on their individual preferences and usage patterns. These initiatives will ensure that e3W ownership becomes easier and more accessible while offering a seamless buying experience for consumers.

Commenting on these initiatives, Mr. Debashish Mitra, President of Kinetic Green’s 3 Wheeler Business said, “This is an exciting opportunity as we aim to make electric vehicles more accessible by offering attractive financing and choice of batteries for their Kinetic Green electric three-wheelers. These options will enable people to switch to sustainable mobility with ease. By making electric vehicles more accessible and feature – loaded, we hope to encourage a larger segment of the population to embrace sustainable transportation solutions and decarbonize last mile connectivity in India.”

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