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Tag: Vinay Bansal

Garden of Joy Raises INR 84 Lakhs in a Seed Round led by Inflection Point Ventures

11th April 2024, Bangalore: Landscaping startup, Garden of Joy has raised INR 84 Lakhs in a Seed Round led by Inflection Point Ventures. They plan to utilize funds to expand operations in Bangalore, expanding to 5 additional cities, developing a design tool with a pricing calculator, and vertically integrating through owning workshops for fabrication and civil work.

Pioneering in landscaping, Garden of Joy is dedicated to transforming outdoor spaces into vibrant havens of beauty and tranquillity. Specializing in affordable yet stunning designs, the company brings visions to life, from lush green lawns to cozy terrace gardens, with meticulous attention to detail and a passion for excellence. Committed to sustainability and environmental stewardship, Garden of Joy creates living, breathing spaces where functionality seamlessly meets aesthetics, inviting individuals to relax, recharge, and find joy in the everyday amidst the bustling urban landscape.

Sanyam Raheja_Founder, Garden Of Joy

Sanyam Raheja, the founder of Garden of Joy, brings a wealth of diverse experience from his tenure in the Merchant Navy and roles at Oyo and Homelane, complemented by an MBA in Marketing from IIM Rohtak.

Vinay Bansal, Founder & CEO, Inflection Point Ventures says, “Relaxation is a luxury for the populace in urban cities, where work-life balance is often neglected. Garden of Joy by offering customizable landscaping solutions, brings affordable beauty to everyday spaces like terraces and balconies with a focus on rejuvenation amid busy lifestyles. True to its name, Garden of Joy has the ability to bring out joy in our everyday mundane life.”

Their strengths and unique selling points include offering a comprehensive one-stop solution for landscaping and civil work, leveraging in-house teams for seamless execution, providing free site consultations, ensuring affordability without compromising quality, maintaining fast project execution timelines, and offering warranties of up to 10 years.

Sanyam Raheja – Founder & CEO, Garden of Joy says, “Partnering with IPV has been a pivotal moment for our startup’s journey. This infusion of capital not only fuels our expansion but also validates our vision for creating vibrant and sustainable outdoor spaces. We will be utilizing these funds for building inhouse tech products for designing and vertical integration for all our services. Currently we’re present in Bangalore and Hyderabad and in the next couple of years we will be expanding to all major cities in Karnataka, Telangana, Maharashtra, Tamil Nadu and Kerala.”

The startup has achieved a significant milestone by successfully completing over 100 landscaping projects within the first 18 months of inception, demonstrating their dedication to excellence and customer satisfaction.

Birkenstock – Launches New Store in Lucknow

BIRKENSTOCK, the iconic German-based global zeitgeist and purpose brand renowned for its function-first footwear, is proud to announce the launch of its newest store in Lucknow, Uttar Pradesh. Situated in the heart of the city, the new store opens its doors to customers on March 15, 2024, marking a significant expansion for the brand within the Indian market.

Strategically located at Phoenix Palassio Mall and spanning an expansive 1087 square feet, this store will feature the latest and most coveted collections, allowing visitors to immerse themselves in the world of BIRKENSTOCK’S unparalleled craftsmanship, timeless styles and unwavering commitment to quality with the opening of first store in Lucknow.

Birkenstock_Lucknow Phoenix Palasio Mall Store

Jens Hattab, Regional Managing Director Middle East Africa India at BIRKENSTOCK, expressed his excitement about the brand’s expansion in Lucknow, stating, “Birkenstock is excited to introduce its latest store in Lucknow, Uttar Pradesh. In our ode to bring our iconic footwear closer to our patrons Lucknow plays a key role as a market for the brand and we look forward to delivering an exceptional experience to our customers there.”

Vinay Bansal, Managing Director, Birkenstock India, added, “We are delighted to further expand BIRKENSTOCK’s legacy into Northern India, introducing the region to unparalleled comfort and the latest styles offered by the brand.”

As BIRKENSTOCK expands its presence, the brand brings with it a rich legacy steeped in tradition, much like the city of Lucknow. The brand remains steadfast in its mission to provide footwear that not only elevates style but also promotes foot health and wellness by enabling walking as intended by nature.

Store Information:

Store Name: BIRKENSTOCK, Phoenix Palasio Mall, Lucknow

Address: Phoenix Palasio Mall, Sector-7, Amar Shaheed Path, Gomti Nagar, Lucknow, Ardonamau, Uttar Pradesh 226010

Opening Hours: 10:00 AM – 9:30 PM

Hudle raises INR 7 crore in pre-series A led by Inflection Point Ventures and Sky Impact Capital

4th April 2024, Delhi NCR: Hudle has raised ₹7 Crore as a part of their Pre-Series A round led by Inflection Point Ventures & Sky Impact Capital. The round also saw participation from Survam Partners and Anay Ventures. The funds will be utilized for footprint expansion, product enhancements and marketing efforts towards it’s rapidly growing sports community.

Hudle Team

Hudle is a leading sports tech platform catering to the fast-growing preventive healthcare market. Indians are expected to spend USD 98 Billion per annum on fitness & wellness by 2025. Hudle is using sports as a social & engaging way to make active sports a lifestyle for 100 million Indians.

Hudle helps sports & fitness enthusiasts to discover venues in their hyper local markets, book sports activities and connect with like-minded individuals to form communities. It enables individuals to pursue an active lifestyle with a social quotient, supplement conventional fitness activities and improve overall access to sports.

Backed by a passionate founding team of Suhail Narain, Arjun Singh Verma & Sonam Taneja and brand ambassadors like Ajinkya Rahane, currently Hudle facilitates 1Lakh+ games per month across 1,300+ venues in 60 cities. Today, Hudle has an engaged community of over 5 Lakh players.

Suhail Narain – Founder & CEO, Hudle says, “Our business has grown more than 6x over the last 2 years. With time, the confidence in our mission to enable Indians of all ages to play is only growing stronger. It is heartening to be supported by partners like IPV & Sky Impact Capital in this journey ”

Vinay Bansal, Founder & CEO, Inflection Point Ventures says, “Hudle distinguishes itself through a deeply integrated omnichannel model, addressing challenges in both B2B and B2C markets. Their constant innovation through unique offerings like the SAAS solution for sports clubs and the Hudle All Access Pass for players is what stands out for us to continue supporting the Hudle team ”

Aakash Sachdev, Founder & Managing Partner, Sky Impact Capital says “We are excited to partner with Hudle and help them transform into the premiere destination for sports enthusiasts. We are impressed with Hudle’s ability to forge strategic alliances with marquee brands & well situated venues early in its life cycle. With over $98 Billion per annum expected to be spent on fitness & wellness by Indians, there is a huge opportunity for Hudle to build tailored sports tech products & services that solve pain points and provide a seamless offering to players and sports venues.

This partnership signifies our commitment to fostering innovation, active lifestyle and accessibility within sports, empowering enthusiasts at every level to unleash their full potential. Together, we aim to harness cutting-edge technology to democratize access to sport and inspire a new generation of active & healthy individuals across India.”