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One Point One Solutions achieves record Q1 FY25 performance with significant growth across key financial metrics

Aug 14, 2024 by Mansi 0 Comments #Business Highlights, #key financial metrics, #Managing Director, #Mr. Akshay Chhabra, #Mr. Chhabra, #One Point One Solutions, #One Point One Solutions Ltd, #Q1 FY25 performance

Mumbai, August 14, 2024: One Point One Solutions, a leader in next-generation Business Process Management (BPM) services, has announced its financial results for the first quarter ending June 30, 2024, demonstrating exceptional performance across key financial indicators.

Financial Performance 1

• Revenue: Grew to ₹61.15 crore in Q1 FY25 from ₹52.36 crore in Q4 FY24, marking a 16.79% sequential growth and a substantial 71.12% year-on-year increase from ₹35.73 crore in Q1 FY24.

• EBITDA: Increased to ₹17.84 crore in Q1 FY25, up from ₹15.53 crore in Q4 FY24, representing a 14.87% growth and a 39.27% rise compared to ₹12.81 crore in Q1 FY24.

• PAT: Rose to ₹7.60 crore in Q1 FY25, up from ₹6.66 crore in Q4 FY24, reflecting a 14.13% sequential increase and a 75.93% year-on-year growth from ₹4.32 crore in Q1 FY24.

Business Highlights:

• Increased the authorised share capital from Rs 50 crore to Rs 70 crore and an issuance of equity shares and warrants

• Signed a non-binding term sheet to purchase 100% stake in a BPO firm in Latin America

• Secured a strategic client win with a pioneering medical device company based in Tampa, Florida, USA

• New clients signed include, one of India’s largest integrated power companies and a leading NBFC, dedicated to providing customer centric financial solutions

• One Point One Solutions Limited (OPOSL) subsidiary, ITCube Solutions won a prominent global client specialising in combatting brand threats through cutting-edge AI-driven tools

Management Comment:

Commenting on the results, Mr. Akshay Chhabra, Managing Director said:

“We are thrilled to report a record-breaking start to FY25, with exceptional growth in revenue, EBITDA, and PAT. This performance is a testament to our unwavering commitment to delivering value to our clients through cutting-edge BPM solutions and a strategic focus on operational efficiency. The strong momentum from this quarter provides a solid foundation for sustained growth throughout the year.”

Mr. Chhabra added, “Our efforts in business transformation, leveraging Generative AI and Robotic Process Automation (RPA), are beginning to yield significant results. We are particularly excited about our first acquisition this year, which strengthens our presence in the North American market. This strategic move will accelerate our growth in the American region and adds new verticals in healthcare, finance & accounting, and IT software development, positioning us as a full-stack player in the industry. We remain confident in our ability to continue driving substantial value for our shareholders while expanding our leadership in the BPM sector.”

The Financial results for the quarter ended June 30, 2024 are available in the Investor Relations section of our website www.1point1.com

About One Point One Solutions Ltd.

One Point One Solutions Ltd is a full-stack solutions provider across BPO, KPO, IT Services, Technology & Transformation and Analytics. Over the last two decades, the company has established its expertise in offering comprehensive solutions across technology, accounting, skill development and analysis to clients in a wide variety of sectors. Following the recent acquisition of- ITCube Solutions Pvt Limited, One Point One Solutions has consolidated its solutions in the IT, BPM and KPO domains. The company now has centres in Pune and Cincinnati, Ohio apart from its existing ones in Navi Mumbai, Gurgaon, Chennai, Bangalore, Indore and Pune. One Point One USA Inc, the organization’s wholly-owned subsidiary in Delaware in the United States marks its international foray while in the acquisition of ITCube Solutions has already strengthened its presence in England, Netherlands, Germany, Kuwait Oman m UAE, Qatar, India, Singapore and Australia, apart from the USA.

Led by Founder-Chairman Akshay Chhabra, the company serves a broad spectrum of industries including Banking and Finance, Retail and E-commerce, Consumer Durables & FMCG, Travel & Hospitality, and Insurance & Healthcare. A 5600+ strong team focused on providing efficient services caters to the company’s growing clientele.

The company’s services include Organisations, Customer Services, Sales, Collections, Construction Bid Management, Medical Record Retrieval and Summarization, Tech Helpdesk, BackOffice, Accounting, Litigation, Recruitment, Design and Development among others. By leveraging next-gen technologies including GenAI and intelligent automation, the organisation has been able to develop and deploy innovative solutions that have delivered considerable value to the company’s 50+ clients.

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Bengaluru Retail Summit 2024: Unveiling the Future of Retail

Jul 26, 2024 by Mansi 0 Comments #Bengaluru Retail Summit, #Bengaluru Retail Summit 2024, #bigbasket, #Brigade Group, #Britannia Industries Ltd, #Britannia Industries Ltd V Muhammad Ali - CEO, #BRS, #CEO, #CEO & Executive Director, #Co-Founder & CEO, #Consulting Business Leader for Retail, #CPG, #Drolls India Pvt Ltd Chandru Kalro, #EasyBuy, #Enabling Growth, #Enabling Growth” & “Mastering the Market: Transforming Insights into Growth Opportunities, #Ganesan V P, #Hari Menon, #Healux International Pvt. Ltd Deepak Singh - Director & CEO Saturo Technologies Sumit Jasoria, #i – TEK RFID Hari Menon - Co-founder & CEO - Big Basket Dr Shashank Sinha, #IBM, #Italian Colony David R Stanley – Founder & Managing Director, #Johnson Verghese - Managing Director - Fossil Group India Karan Mehta - CEO, #Jt Managing Director, #Karan Mehta, #Kumar Rajagopalan, #Landmark Group, #Landmark Group Rajneet Kohli - CEO & ED, #Managing Director, #MD & CEO, #NEWME, #Nirupa Shankar, #Pharma & LS Industries – India South Asia, #Prestige Group Manohar Chatlani - MD Retail India Pvt Ltd, #RAI, #Rajneet Kohli, #Retail, #Retail Sector, #Retail Technology: Powering Business, #Retailers Association of India (RAI), #Revolutionize Retail with AI Everywhere, #Sheraton Grand Bangalore, #Soch Apparels Pvt Ltd Subhash Chandra - MD Sangeetha Mobiles Mrunmay Mehta - CEO, #Strategies for Retail Success: Navigating a Constantly Evolving Market”, #Tech Adoption: Integrating Digital Innovations with Physical Presence, #thought leaders, #Transportation, #Travel, #TTK Prestige Chintan Mehta – Founder, #WOW Skin Science Ashim Ashok Patel

Bengaluru, July 24th, 2024: The Retailers Association of India (RAI) successfully held the second edition of the Bengaluru Retail Summit, a premier event that brought together the brightest minds and influential leaders from the retail industry. Held at the Sheraton Grand Bangalore, the summit emerged as a melting pot of transformative ideas, emerging trends, and invaluable networking opportunities. Against the vibrant backdrop of Bengaluru’s retail culture, it served as a pivotal platform for retailers and brands to engage in impactful discussions, collectively shaping the future of retail in India.

Speaking about the summit, Kumar Rajagopalan, CEO, Retailers Association of India (RAI), said, “India’s retail sector stands at the cusp of profound transformation. The dynamic discussions on strategies for retail success, the seamless integration of digital innovations, and the latest retail ideas have highlighted how industry leaders are navigating this constantly evolving market. Our focus on mastering the market and innovating is diverse. With a burgeoning middle class, expanding digital infrastructure, and strategic government initiatives, we anticipate a dynamic era of growth and innovation. These advancements position the retail sector as a pivotal driver of economic vitality and consumer empowerment in the years ahead.”

Highlights of the Bengaluru Retail Summit 2024 by RAI was the keynote address on ‘Revolutionize Retail with AI Everywhere’ by Ganesan V P, Consulting Business Leader for Retail, CPG, Travel, Transportation, Pharma & LS Industries – India South Asia, IBM.

The summit also hosted two stimulating Fireside Chats with Rajneet Kohli, CEO & Executive Director, Britannia Industries Ltd, and with Nirupa Shankar, Jt Managing Director, Brigade Group.

Bengaluru Retail Summit 2024 Unveiling the Future of Retail 1

Expressing delight at the second edition of BRS, Rajneet Kohli, CEO & Executive Director, Britannia Industries Ltd said, “The future of retail lies in seamlessly blending technology with the human touch. Using data-driven insights to understand consumer preferences and deliver tailored experiences will drive growth and foster deeper customer loyalty.”

Hari Menon, Co-Founder & CEO, Bigbasket said, “The retail industry is at a pivotal point where digital transformation is crucial. Integrating online and offline channels is essential to meet evolving consumer demands. Innovation in logistics and personalized services will be the key drivers of future retail success.”

Karan Mehta, CEO, Easybuy, Landmark Group said, “Understanding and responding to diverse customer needs is more important than ever. By harnessing advanced analytics and staying ahead of emerging trends, retailers can create personalized and engaging shopping experiences, ensuring sustained growth and competitiveness.”

The summit witnessed captivating discussions on topics such as “Strategies for Retail Success: Navigating a Constantly Evolving Market” “Tech Adoption: Integrating Digital Innovations with Physical Presence” “Retail Technology: Powering Business, Enabling Growth” & “Mastering the Market: Transforming Insights into Growth Opportunities.”

industry leaders speaking at the summit included:

Johnson Verghese – Managing Director – Fossil Group India

Karan Mehta – CEO, Landmark Group

Rajneet Kohli – CEO & ED, Britannia Industries Ltd

V Muhammad Ali – CEO, Retail, Prestige Group

Manohar Chatlani – MD Retail India Pvt Ltd, Soch Apparels Pvt Ltd

Subhash Chandra – MD Sangeetha Mobiles

Mrunmay Mehta – CEO, WOW Skin Science

Ashim Ashok Patel, MD & CEO, i – TEK RFID

Hari Menon – Co-founder & CEO – Big Basket

Dr Shashank Sinha, CEO, Drolls India Pvt Ltd

Chandru Kalro, Managing Director, TTK Prestige

Chintan Mehta – Founder, Italian Colony

David R Stanley – Founder & Managing Director, Healux International Pvt. Ltd

Deepak Singh – Director & CEO Saturo Technologies

Sumit Jasoria, Co-Founder & CEO, NEWME

These thought leaders shared their insights on the latest trends, challenges, and opportunities within the retail sector, fostering a rich environment of knowledge exchange and collaboration. The event’s successful execution has set a benchmark for industry gatherings, reaffirming Bengaluru’s status as a central hub for retail excellence.

About RAI:

Retailers Association of India (RAI) is the unified voice of Indian retailers. RAI works with all the stakeholders for creating the right environment for the growth of the modern retail industry in India. It is a strong advocate for retailing in India and works with all levels of government and stakeholders to support employment growth and career opportunities in retail, promote and sustain retail investments in communities from coast to coast, and enhance consumer choice and industry competitiveness.

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Priyanka Chopra Jonas’ Favourite Max Factor Introduces its Breakthrough Makeup Portfolio to the Indian Market

Coty accelerates footprint in India with the launch of Max Factor, partnering with House of Beauty to provide unparalleled access to Max Factor’s global bestsellers

Max Factor - Priyanka

Mumbai, 15th July 2024: Coty Inc (NYSE: COTY) (PARIS: COTY) (“Coty” or the “Company”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, is pleased to announce the launch of Max Factor in India. In partnership with specialty beauty retailer House of Beauty and featuring global superstar Priyanka Chopra Jonas as the brand’s Global Ambassador, Max Factor will be unveiling its complete range of global bestsellers in India for the very first time, marking another exciting milestone in this dynamic market.

Known as the original Hollywood makeup brand, Max Factor is celebrated for its rich heritage of innovation. Max Factor has led makeup artistry for over a century with the introduction of iconic cosmetic innovations such as the first ever makeup for film, the debut of concealer sticks, the first wand mascara, and the original lip pomade, now known as lip gloss. This legacy of setting benchmarks in makeup technology continues to define Max Factor’s contemporary offerings, influencing industry trends and captivating makeup artists and beauty enthusiasts worldwide.

“Max Factor is entering a new era of exciting growth in India,” announces Kristina Strunz, Managing Director, Coty Southeast Asia and India. “We are thrilled to bring our best-selling products to the Indian market, with Priyanka Chopra Jonas leading the charge as our global brand ambassador. With Max Factor’s commitment to inclusive, durable, and high-quality makeup, we are confident these products will become a staple in the beauty routines for our Indian customers. This launch signifies our long-term commitment to not only strengthening Max Factor’s global presence but also to providing exceptional beauty experiences to consumers worldwide.”

“We’re thrilled to welcome Max Factor to the House of Beauty family of brands,” says Sanjali Giri, Chief Business Officer, House of Beauty. “Max Factor is bringing its ground breaking portfolio at powerhouse prices for the Indian market. We are committed to making the brand highly discoverable and accessible, reaching a wider audience of discerning makeup lovers across the country. This partnership stays true to our mission of bringing the world’s best beauty brands to our consumers. Together with Coty, we are confident Max Factor will achieve phenomenal growth and success in India.”

As part of its expansion, Max Factor is introducing its award-winning global bestsellers such as the Facefinity All Day Flawless Foundation with Climate Proof Protection; Masterpiece 2 in 1 Lash Wow Mascara with a twistable wand for customized lash looks; and the cult classic Colour Elixir Lipsticks. These products are already available on leading e-commerce platforms such as Amazon, Myntra, Boddess, and Tata Cliq, and have made their debut in brick-and-mortar stores in the country through its partnership with the leading department store chain, Shoppers Stop. Additionally, the brand will be available at all key beauty retailers in the coming year, ensuring broader accessibility and reach.

The Global Bestseller Collection

Facefinity All Day Flawless Foundation

Facefinity All Day Flawless Foundation: Offers a radiant, airbrushed finish with waterproof, heatproof and humidity-resistant features, ideal for the Indian climate. This foundation, complete with SPF20, also shields against blue light and pollution. Its lightweight and breathable vegan formula combines a primer, concealer and foundation for up to 30 hours of wear.

Masterpiece 2 in 1 Lash Wow Mascara

Masterpiece 2 in 1 Lash Wow Mascara: Features a twistable brush for customized lash volume and length. Its easy-to-use design ensures flake-free, clump-free and mess-free application, reaching the innermost lashes effortlessly. The formula is enriched with vitamin E, in a vegan, water resistant formula, suitable for sensitive eyes. Choose between two looks: lengthened for separation, or volumized for a lift – pick your wow effect!

Facefinity compact foundations

Facefinity Compact Foundation: Delivers flawless coverage with the convenience of a powder. This vegan formula, infused with SPF 20, offers all-day hydration and a lightweight feel, perfect for touch-ups on the go. Experience the perfect balance of coverage and comfort with Facefinity Compact Foundation.

Colour Elixir Velvet Matte Lipstick

Colour Elixir Velvet Matte Lipstick: This full-colour kiss-proof lipstick range delivers intense colour and a satin- matte finish while keeping lips moisturised. Available in 9 shades, the formula is enriched with emollients, antioxidants, and Vitamin E.

About Max Factor:

One of the world’s pioneering cosmetics companies, Max Factor was founded at the beginning of the 20th century by the eponymous Polish-born cosmetician. Throughout Hollywood’s Golden Age, Max Factor was known for creating the signature looks of the era’s most famous icons such as Marylin Monroe, Ava Gardner, Jean Harlow and Marlene Dietrich. The make-up products and techniques Max Factor created for the movie industry and his Hollywood clients earned him an Oscar, but his guiding philosophy was that any woman could look incredible given the right tools and make-up artistry skills. From mascara to foundation, eye shadow to lipstick, Max Factor put the transformative tools for make-up artistry into the hands of every woman, enabling her to radiate beauty every day. Today, Max Factor continues to help people everywhere maximise their unique potential by putting its expertise into their hands. Creating easy-to-apply, inspiring products with good-for-you skincare ingredients, our core belief is that you should never settle for anything less than your best self.

news

Virat Kohli Reclaims Top Spot in Kroll’s Celebrity Brand Valuation Report with Brand Value of Nearly USD 228 Million

MUMBAI/NEW DELHI: Kroll, the leading independent global risk and financial advisory solutions firm, announced today the launch of the ninth edition of its Celebrity Brand Valuation Study titled, “Brands, Business, Bollywood”. The study provides a ranking of India’s most powerful celebrity brands based on brand values derived from their brand endorsement portfolios and relative social media presence.

The overall brand value of the top 25 Indian celebrities included in the latest study is estimated at $1.9 billion in 2023, an 18% jump from the previous year.

Key findings of the report include:

● Virat Kohli reclaimed the number one spot with a brand value of $227.9 million, nudging Ranveer Singh to second place at $203.1 million.

● Shah Rukh Khan secures third position with a brand value of $120.7 million on the back of three blockbuster hits in 2023, marking his incredible return into India’s top five celebrity endorsers since 2020.

● Akshay Kumar dropped a rank this year to the fourth position with a brand value of $111.7 million while Alia Bhatt moves to fifth with a brand value of $101.1 million.

● Other notable movements include the meteoric rise in brand value of Kiara Advani moving from rank 16 to rank 12, and Katrina Kaif returned to the list of India’s most valued celebrity brands after five years.

Aviral Jain, Managing Director, Valuation Advisory Services at Kroll said, “Our report recognizes the expansion of celebrity-owned startups across various industries and the spectacular rise of Indian celebrities as global ambassadors of reputed global brands. The year 2023 also witnessed Bollywood’s powerful comeback to the film industry, with blockbusters breaking records to cross the $100 million mark—re-establishing Bollywood’s dominance in the film industry. The synergy between celebrity entrepreneurship, global star advocacy and the resurgence of Bollywood is set to redefine the dynamics of the entertainment and business industries.”

About Kroll

As the leading independent provider of risk and financial advisory solutions, Kroll leverages our unique insights, data, and technology to help clients stay ahead of complex demands. Kroll’s team of more than 6,500 professionals worldwide continues the firm’s nearly 100-year history of trusted expertise spanning risk, governance, transactions, and valuation. Our advanced solutions and intelligence provide clients with the foresight they need to create an enduring competitive advantage. At Kroll, our values define who we are and how we partner with clients and communities.

business

Air Products Announces the Appointment of Ms. Sushila Mani as Managing Director of Prodair Air Products India Pvt. Ltd

Jun 20, 2022 by Praveen 0 Comments #Air Products, #Managing Director, #Ms. Sushila Mani, #Prodair Air Products

Air Products (NYSE:APD) today announced that it has appointed Ms. Sushila Mani as managing director of Prodair Air Products India Pvt. Ltd. In this role, Ms. Mani will lead Air Products’ world-class Engineering, Procurement and Construction (EPC) centers in Pune and Vadodara, India.

Commenting on the appointment, Air Products’ chief operating officer Dr. Samir J. Serhan said, “I am very pleased that Sushila has joined Air Products. Sushila has over 30 years’ experience in the EPC industry, as well as the business acumen and leadership skills to continue leading the region’s growth and the ongoing development of our outstanding, talented team in India. We are excited to have Sushila join our organisation and are confident her strong leadership will build on the successes we already have and enable new opportunities for our EPC organisation to support India’s energy and sustainability growth strategy well into the future.”

Ms. Mani joins Air Products following her role as senior director, Operations for Worley India where she managed an office of over 600 employees and had full Profit & Loss (P&L) responsibility. Prior to that Ms. Mani led Project Management at BASF Chemicals India with accountability for project and construction management, construction safety and quality for all capital investment projects executed in Southeast Asia. Ms. Mani also spent 14 years at ThyssenKrupp Industrial Solutions, serving as general manager – Projects/Project Director, and general manager – Strategic Business Development. She began her career as a lead process engineer with Mott MacDonald.

Ms. Mani holds a Bachelor of Chemical Engineering degree from BITS, Pilani, India.

Education

Coursera announces new content and partnerships with Indian institutions to meet the demand for job-relevant credentials

May 6, 2022 by Rekha Nair 0 Comments #Coursera, #India and APAC, #Managing Director, #Raghav Gupta

New Delhi, May 2022: As India’s National Education Policy lays the foundation for a modern skill development ecosystem, Coursera, Inc. (NYSE: COUR), one of the world’s largest online learning platforms, has announced a number of partnerships with premier Indian higher education institutions and industry leaders. The addition of these new educators – IIM Ahmedabad, IIM Indore, IIIT Bangalore, Indian Institute of Science (IISc), Hero Mindmine, PwC India and Tally Education – takes the total number of university partners to 14 and industry partners to five in the country. Coursera also unveiled new job-relevant online degrees and credentials from leading universities designed to help learners accelerate their careers amid the country’s booming digital economy.

The recent Campus Skills Report reveals that Indian students are interested in building foundational digital skills to secure high-growth technology jobs like data scientist, software engineer, and machine learning engineer. These partnerships with Coursera enable the current higher education system to evolve and equip learners at scale with the skills they need to unlock the most in-demand jobs.

“The Indian education system is going through an important phase of reform and recalibration. Online learning is now seen as a critical pathway toward building a more inclusive, accessible, and affordable education model,” said Dr. Betty Vandenbosch, Chief Content Officer, Coursera. “We are honored to partner with the country’s top higher education institutions and industry educators to widen our portfolio of job-relevant credentials, which will make learning on Coursera even more rewarding for learners in India and across the globe.”

The new credentials aim to build critical business, technology, and data science skills:

MSc in Data Science from International Institute of Information Technology Bangalore: This is the first data science degree from an Indian university on Coursera. The rigorous program combines high-quality instruction with real-world experience through applied projects. Graduates will be prepared for roles such as data scientist, data architect, and machine learning engineer. The cohort is expected to begin by the end of the year.

Executive Masters in Business Administration from Indian Institute of Technology Roorkee: Offered by one of the premium institutes in India, this 2-year masters program with features of credit-based payment and flexibility in enrollment is aligned to the needs of Industry 4.0 and designed to develop capable managers skilled in both engineering and business. The program aims to prepare future leaders in high-growth industries. The cohort is expected to begin in November 2022.

Global Management Program in Infrastructure and Global Management Program in Operations & Supply Chain from The Indian School of Business: The Global Management Program in Infrastructure will equip learners to develop strategic plans, manage uncertainty and risks, and learn to communicate, market, and negotiate effectively. The Global Management Program in Operations & Supply Chain is designed to meet the increasing demand for techno-business managers for the operations and supply chain sector. The cohorts are expected to begin in October 2022.

Other new employability-focused credentials announced today include:

Six job-relevant Postgraduate Certificate Programs from the Indian Institute of Technology Guwahati – Programs in Cloud Computing Applications; Deep Learning for Computer Vision & Extended Reality (XR); Digital Manufacturing; UX Design & HCI; Natural Language Processing; and Robotics & Mechatronics will help learners gain the skills needed to succeed in today’s most in-demand roles.

Post Graduate Certificate in Machine Learning for Finance and Post Graduate Certificate in Strategic Supply Chain Management with AI from the Indian Institute of Technology Roorkee – Covering concepts such as supervised and unsupervised learning, natural language processing, and artificial neural networks, the Machine Learning for Finance program will provide learners with an overview of ML and its application to the finance industry. The Strategic Supply Chain Management program will provide foundational knowledge about the cutting-edge advances in intelligent supply chain strategies, driven by AI and ML technologies.

“These partnerships not only unlock a powerful opportunity to address local skill shortages and increase the Gross Enrollment Ratio, but also help catalyze the internationalization of education envisioned by the NEP. Together with our partners, we’re excited to take India’s high-value credentials to our global learner base and solve for the needs of the knowledge economy,” added Raghav Gupta, Managing Director, India and APAC, Coursera.

Over 16 million learners in India trust Coursera for their skilling needs. The new industry partnerships are poised to benefit learners of all stages, including youth and learners from non-traditional backgrounds:

Hero Mindmine is expected to launch programs to help learners understand all about Insurance and the skill of selling insurance successfully

PwC India plans to launch programs to equip learners with knowledge in the tax domain. This knowledge can help learners secure roles and also progress effectively in their careers.

Tally Education will help young graduates understand and prepare for their first job in business accounting with courses planned to span Indian Accounting Standards & Compliance, bookkeeping, reporting, and inventory management

business

VKC Nuts announces a breakthrough category of pasteurised Nuts & Dry Fruits, targets additional INR 600 crore revenue by 2023

May 3, 2022 by Rekha Nair 0 Comments #Managing Director, #Mr. Gunjan Jain, #VKC Nuts Pvt

May, 2022, New Delhi – VKC Nuts, India’s leading fully integrated farm to fork Nuts & Dried Fruits Company has announced the launch of ‘Bactopure’, India’s first and only range of pasteurized nuts and dried fruits, under its signature brand Nutraj. With this launch, Nutraj becomes the only brand in the Indian market to adhere to international standards of hygiene and purity for nuts and dried fruits. Nutraj Bactopure claims to offer a 99.99% bacteria and pathogen free products which was possible due to the science and technological advancements in the space.

VKC Nuts is the pioneer in the industry to bring the technology of pasteurisation to India. The company has been recording a growth of 25% – 35% year-on-year and is aiming to touch an INR 1500 Crore turnover by the year 2023. In the FY 2021, the company saw a revenue of INR 742 crore and recorded a 25% growth in revenue to INR 900 Crore in the year ending March 31, 2022.

Speaking passionately at the launch Mr. Gunjan Jain, Managing Director, VKC Nuts Pvt. Ltd. says, “There is a paradigm shift in the food industry. Purity, health, and hygiene are top of mind for Indian consumers like never before. However, people do not know the kind of nuts they are consuming. With the launch of Nutraj Bactopure, the nuts & dry fruits industry will see the emergence of international levels of hygiene and purity and India will be introduced to a category of bacteria free nuts. Every Indian consumer has the right to the same quality, that the consumers in the developed world have access to. VKC Nuts has always been at the forefront of delivery new innovations and quality standards in the Indian Nuts & Dry Fruits industry. Eradicating pathogen infestation from nuts & dry fruits is our latest resolve and Nutraj Bactopure is a giant leap in that direction.”

“VKC Nuts, the parent company of Nutraj is proud to be the only company to have a ready facility to pasteurize its products. In an age of a rapidly developing hygiene and health sensibility of the upmarket consumer, Bactopure can be a big differentiator that can lead the consumer towards making an aware and informed choice. Informed choices also means that the consumer is today not satisfied by mere claims of purity and quality. It is for this reason each pack of Nutraj Bactopure comes with a QR code that can display the actual certificate from a government approved lab to back up the claim. This is another first in the entire food industry!”, he added.

With the launch of BACTOPURE, VKC Nuts plans to expand its distribution network (for directly covered outlets), targeting approximately 1 Lac counters pan India, by end of FY 22-23. These would cover the markets in North, West, and South regions in the 1st phase, and East in Q4. Consumers in urban towns with population greater than 50k will have easy access to the brand’s products. However, prime focus of the company lies on metro & tier-1 cities.

VKC Nuts, presently has 7 units – 1 in Bengaluru, 2 in Delhi NCR, 1 in Mumbai, and 3 in Jammu & Kashmir. The company plans to open 8 more manufacturing units each with a capacity of 10,000 metric tonnes, by 2024. They also aim to have a total of 25 company-owned stores and 50 franchise stores by end of 2023.

health

Dr. Mohan’s hosts ‘Eye and Fitness Campaign’ pan India

Jan 28, 2022 by Gouri 0 Comments #Dr V. Mohan, #Dr. Mohan, #Dr. Mohan’s, #Dr. Mohan’s Diabetes Speciality Centre, #Eye and Fitness Campaign, #Managing Director, #s India.” said Dr. R. M. Anjana

Hyderabad, January 27^th 2022: Dr. Mohan’s Diabetes Speciality Centre, one of the largest healthcare groups in Asia devoted to the treatment of diabetes and its complications, hosts the ‘Eye and Fitness Campaign’ in their centres across India. Starting on 3^rd January 2022, the campaign runs for the next 3 months, providing free vision tests for all and free physio consultation for those patients with joint aches or muscular problems. It is one of the major campaigns that Dr. Mohan’s has done across pan India.

Blurred vision, frequent changes in the vision and spots or dark strings floating in the vision are some of the symptoms of Diabetes-Related Eye Problems. If it is not treated at right time, it will lead to severe complications like vision loss. Moreover, the majority of people with diabetes-related eye problems do not have any usual symptoms until the advanced stages. This campaign facilitates free vision testing, thereby identifying people with possible eye changes due to diabetes and educating people about the effects of diabetes on the eye. People living with diabetes also experience joint aches, limitation in movements and muscular dysfunctions. The free physiotherapy consultation will help people identify their risk for Diabetic Arthropathy, Diabetic Foot and other muscular/joint problems which can easily be treated.

Speaking about the campaign, Dr V. Mohan, Chairman & Chief Diabetologist, Dr Mohan’s Diabetes Specialities Centre said, “Diabetes-related eye diseases affect one in three people with diabetes and is one of the leading causes of preventable blindness. Patients with diabetes also suffer from early cataracts, glaucoma, and other preventable ailments which can be detected early. Therefore, we are offering a FREE eye test. We have been contributing towards the development of AI-enabled teleophthalmology tools to make sure that none of our patients develops these “sight-threatening” complications of diabetes since this problem is totally asymptomatic and can catch us unawares.”.

“Diabetes can cause joint pains. Unlike pain caused by immediate trauma, the pain of arthropathy and neuropathy happens over time. If you find any pain in the joints e.g.: painful shoulders, it is important to consult with your doctor. We are providing FREE physio consultation in all our clinics across India.” said Dr. R. M. Anjana, Managing Director, Dr. Mohan’s Diabetes Specialities Centre.

Tag: Managing Director

industry leaders speaking at the summit included:

About RAI:

Coty accelerates footprint in India with the launch of Max Factor, partnering with House of Beauty to provide unparalleled access to Max Factor’s global bestsellers